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These days, finding an affordable place to live in the 98237 area can be challenging. Home prices in 98237 are now at a median cost of $405,108, lower than the Washington average of $621,115.
The average cost of rent is $935/mo in 98237, primarily driven by the current value of real estate in the 98237 area. In 98237, 18.65% of households rent, and 39.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98237 is $5,548 per month. Households that rent pay about 16.86% of their income on rent here. 98237’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 98255, WA: higher priced homes
- 98283, WA: equally priced homes
- 98263, WA: higher priced homes
- 98267, WA: equally priced homes
- 98284, WA: higher priced homes
- 98235, WA: equally priced homes
- 98220, WA: equally priced homes
- 98233, WA: higher priced homes
- 98273, WA: higher priced homes
- 98232, WA: higher priced homes
Zip Codes with Similar Populations
- 03884, NH: equally priced homes
- 66092, KS: less expensive homes
- 65689, MO: less expensive homes
- 63630, MO: less expensive homes
- 63459, MO: less expensive homes
- 56360, MN: less expensive homes
- 47018, IN: less expensive homes
- 45302, OH: less expensive homes
- 93265, CA: equally priced homes
- 41007, KY: less expensive homes
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