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These days, finding an affordable place to live in the 98250 area can be challenging. Home prices in 98250 are now at a median cost of $573,508, higher than the Washington average of $453,663.
The average cost of rent is $1,218/mo in 98250, primarily driven by the current value of real estate in the 98250 area. While nearly 43.01% of residents own their homes outright in 98250, 26.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98250 is $6,041 per month. Households that rent pay about 20.16% of their income on rent here. 98250's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 98286, WA: equally priced homes
- 98243, WA: higher priced homes
- 98280, WA: higher priced homes
- 98261, WA: equally priced homes
- 98222, WA: equally priced homes
- 98245, WA: equally priced homes
- 98279, WA: higher priced homes
- 98221, WA: equally priced homes
- 98232, WA: equally priced homes
- 98233, WA: less expensive homes
Zip Codes with Similar Populations
- 49646, MI: less expensive homes
- 24251, VA: less expensive homes
- 24531, VA: less expensive homes
- 24588, VA: less expensive homes
- 25143, WV: less expensive homes
- 27557, NC: less expensive homes
- 30566, GA: less expensive homes
- 32136, FL: less expensive homes
- 34431, FL: less expensive homes
- 02025, MA: higher priced homes
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