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These days, finding an affordable place to live in the 98255 area can be challenging. Home prices in 98255 are now at a median cost of $456,000, lower than the Washington average of $621,115.
The average cost of rent is $1,237/mo in 98255, primarily driven by the current value of real estate in the 98255 area. In 98255, 15.20% of households rent, and 34.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98255 is $7,083 per month. Households that rent pay about 17.46% of their income on rent here. 98255’s most expensive areas are in the central 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
- 98263, WA: higher priced homes
- 98237, WA: less expensive homes
- 98284, WA: equally priced homes
- 98235, WA: less expensive homes
- 98220, WA: equally priced homes
- 98233, WA: higher priced homes
- 98273, WA: equally priced homes
- 98232, WA: higher priced homes
- 98283, WA: less expensive homes
- 98267, WA: less expensive homes
Zip Codes with Similar Populations
- 78008, TX: less expensive homes
- 52758, IA: less expensive homes
- 54120, WI: less expensive homes
- 56434, MN: less expensive homes
- 56553, MN: less expensive homes
- 74949, OK: less expensive homes
- 76253, TX: less expensive homes
- 76261, TX: less expensive homes
- 76388, TX: less expensive homes
- 76862, TX: less expensive homes
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