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Affordable
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These days, finding an affordable place to live in the 98312 area can be challenging. Home prices in 98312 are now at a median cost of $479,756, lower than the Washington average of $621,115.
The average cost of rent is $1,830/mo in 98312, primarily driven by the current value of real estate in the 98312 area. In 98312, 36.86% of households rent, and 27.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98312 is $8,199 per month. Households that rent pay about 22.32% of their income on rent here. 98312’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 98337, WA: less expensive homes
- 98314, WA: higher priced homes
- 98310, WA: equally priced homes
- 98311, WA: equally priced homes
- 98366, WA: equally priced homes
- 98383, WA: higher priced homes
- 98367, WA: higher priced homes
- 98380, WA: higher priced homes
- 98315, WA: higher priced homes
- 98345, WA: higher priced homes
Zip Codes with Similar Populations
- 80111, CO: higher priced homes
- 58701, ND: less expensive homes
- 97355, OR: less expensive homes
- 27511, NC: less expensive homes
- 43613, OH: less expensive homes
- 06489, CT: less expensive homes
- 90028, CA: higher priced homes
- 90222, CA: higher priced homes
- 98271, WA: higher priced homes
- 48640, MI: less expensive homes
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