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These days, finding an affordable place to live in the 98235 area can be challenging. Home prices in 98235 are now at a median cost of $397,220, lower than the Washington average of $621,115.
The average cost of rent is $735/mo in 98235, primarily driven by the current value of real estate in the 98235 area. In 98235, 31.17% of households rent, and 34.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98235 is $5,772 per month. Households that rent pay about 12.74% of their income on rent here. 98235’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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: higher priced homes
- 98284, WA: higher priced homes
- 98233, WA: higher priced homes
- 98274, WA: higher priced homes
- 98263, WA: higher priced homes
- 98238, WA: higher priced homes
- 98232, WA: higher priced homes
- 98255, WA: higher priced homes
- 98257, WA: higher priced homes
- 98221, WA: higher priced homes
Zip Codes with Similar Populations
- 76370, TX: less expensive homes
- 53003, WI: equally priced homes
- 53056, WI: higher priced homes
- 53812, WI: less expensive homes
- 53931, WI: less expensive homes
- 53947, WI: less expensive homes
- 56574, MN: less expensive homes
- 56627, MN: less expensive homes
- 57335, SD: less expensive homes
- 73727, OK: less expensive homes
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