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These days, finding an affordable place to live in the 98407 area can be challenging. Home prices in 98407 are now at a median cost of $501,966, higher than the Washington average of $453,663.
The average cost of rent is $1,899/mo in 98407, primarily driven by the current value of real estate in the 98407 area. While nearly 29.65% of residents own their homes outright in 98407, 30.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98407 is $9,129 per month. Households that rent pay about 20.80% of their income on rent here. 98407's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 98406, WA: less expensive homes
- 98416, WA: less expensive homes
- 98403, WA: higher priced homes
- 98465, WA: less expensive homes
- 98405, WA: less expensive homes
- 98402, WA: less expensive homes
- 98466, WA: less expensive homes
- 98421, WA: equally priced homes
- 98335, WA: higher priced homes
- 98418, WA: less expensive homes
Zip Codes with Similar Populations
- 75602, TX: less expensive homes
- 37412, TN: less expensive homes
- 02910, RI: less expensive homes
- 45251, OH: less expensive homes
- 47240, IN: less expensive homes
- 47803, IN: less expensive homes
- 48327, MI: less expensive homes
- 60490, IL: less expensive homes
- 63401, MO: less expensive homes
- 66208, KS: equally priced homes
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