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These days, finding an affordable place to live in the 98387 area can be challenging. Home prices in 98387 are now at a median cost of $452,568, lower than the Washington average of $621,115.
The average cost of rent is $2,069/mo in 98387, primarily driven by the current value of real estate in the 98387 area. In 98387, 23.66% of households rent, and 26.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98387 is $9,132 per month. Households that rent pay about 22.65% of their income on rent here. 98387’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 98446, WA: equally priced homes
- 98375, WA: higher priced homes
- 98445, WA: equally priced homes
- 98338, WA: higher priced homes
- 98447, WA: less expensive homes
- 98373, WA: higher priced homes
- 98438, WA: higher priced homes
- 98444, WA: less expensive homes
- 98374, WA: higher priced homes
- 98439, WA: less expensive homes
Zip Codes with Similar Populations
- 95116, CA: higher priced homes
- 20850, MD: higher priced homes
- 23185, VA: equally priced homes
- 23223, VA: less expensive homes
- 23434, VA: less expensive homes
- 23666, VA: less expensive homes
- 36695, AL: less expensive homes
- 92129, CA: higher priced homes
- 93304, CA: less expensive homes
- 93311, CA: higher priced homes
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