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These days, finding an affordable place to live in the 98248 area can be challenging. Home prices in 98248 are now at a median cost of $400,426, lower than the Washington average of $453,663.
The average cost of rent is $1,214/mo in 98248, primarily driven by the current value of real estate in the 98248 area. While nearly 31.81% of residents own their homes outright in 98248, 23.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98248 is $6,970 per month. Households that rent pay about 17.42% of their income on rent here. 98248's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 98240, WA: equally priced homes
- 98226, WA: equally priced homes
- 98264, WA: equally priced homes
- 98230, WA: less expensive homes
- 98225, WA: equally priced homes
- 98262, WA: higher priced homes
- 98247, WA: less expensive homes
- 98229, WA: equally priced homes
- 98276, WA: less expensive homes
- 98295, WA: less expensive homes
Zip Codes with Similar Populations
- 11553, NY: less expensive homes
- 75088, TX: less expensive homes
- 33805, FL: less expensive homes
- 34202, FL: higher priced homes
- 34219, FL: less expensive homes
- 35611, AL: less expensive homes
- 00669, PR: less expensive homes
- 53189, WI: less expensive homes
- 54952, WI: less expensive homes
- 61109, IL: less expensive homes
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