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These days, finding an affordable place to live in the 98232 area can be challenging. Home prices in 98232 are now at a median cost of $524,945, higher than the Washington average of $453,663.
The average cost of rent is $1,602/mo in 98232, primarily driven by the current value of real estate in the 98232 area. While nearly 36.86% of residents own their homes outright in 98232, 12.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98232 is $8,013 per month. Households that rent pay about 20.00% of their income on rent here. 98232's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
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- 98222, WA: equally priced homes
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Zip Codes with Similar Populations
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- 88340, NM: less expensive homes
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