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These days, finding an affordable place to live in the 98233 area can be challenging. Home prices in 98233 are now at a median cost of $516,854, lower than the Washington average of $621,115.
The average cost of rent is $1,657/mo in 98233, primarily driven by the current value of real estate in the 98233 area. In 98233, 40.97% of households rent, and 36.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98233 is $7,020 per month. Households that rent pay about 23.60% of their income on rent here. 98233’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 98273, WA: less expensive homes
- 98235, WA: less expensive homes
- 98274, WA: equally priced homes
- 98284, WA: equally priced homes
- 98232, WA: higher priced homes
- 98238, WA: higher priced homes
- 98257, WA: equally priced homes
- 98263, WA: higher priced homes
- 98221, WA: higher priced homes
- 98255, WA: less expensive homes
Zip Codes with Similar Populations
- 03063, NH: less expensive homes
- 08882, NJ: less expensive homes
- 53532, WI: less expensive homes
- 74401, OK: less expensive homes
- 63628, MO: less expensive homes
- 63601, MO: less expensive homes
- 63025, MO: less expensive homes
- 62223, IL: less expensive homes
- 57783, SD: less expensive homes
- 57350, SD: less expensive homes
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