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These days, finding an affordable place to live in the 98240 area can be challenging. Home prices in 98240 are now at a median cost of $427,245, lower than the Washington average of $453,663.
The average cost of rent is $1,166/mo in 98240, primarily driven by the current value of real estate in the 98240 area. While nearly 26.57% of residents own their homes outright in 98240, 8.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98240 is $7,448 per month. Households that rent pay about 15.65% of their income on rent here. 98240's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 98230, WA: less expensive homes
- 98248, WA: equally priced homes
- 98264, WA: equally priced homes
- 98247, WA: less expensive homes
- 98276, WA: less expensive homes
- 98295, WA: less expensive homes
- 98281, WA: less expensive homes
- 98266, WA: less expensive homes
- 98244, WA: less expensive homes
- 98827, WA: less expensive homes
Zip Codes with Similar Populations
- 01529, MA: less expensive homes
- 07750, NJ: higher priced homes
- 12543, NY: less expensive homes
- 16038, PA: less expensive homes
- 16406, PA: less expensive homes
- 53183, WI: less expensive homes
- 48831, MI: less expensive homes
- 54135, WI: less expensive homes
- 57071, SD: less expensive homes
- 57706, SD: less expensive homes
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