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Affordable
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These days, finding an affordable place to live in the 98418 area can be challenging. Home prices in 98418 are now at a median cost of $407,299, lower than the Washington average of $621,115.
The average cost of rent is $1,689/mo in 98418, primarily driven by the current value of real estate in the 98418 area. In 98418, 35.85% of households rent, and 20.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98418 is $7,419 per month. Households that rent pay about 22.76% of their income on rent here. 98418’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 98408, WA: equally priced homes
- 98404, WA: equally priced homes
- 98405, WA: higher priced homes
- 98409, WA: equally priced homes
- 98402, WA: higher priced homes
- 98421, WA: higher priced homes
- 98403, WA: higher priced homes
- 98416, WA: higher priced homes
- 98443, WA: higher priced homes
- 98406, WA: higher priced homes
Zip Codes with Similar Populations
- 88008, NM: less expensive homes
- 17702, PA: less expensive homes
- 18447, PA: less expensive homes
- 19975, DE: higher priced homes
- 20181, VA: higher priced homes
- 98346, WA: higher priced homes
- 96019, CA: less expensive homes
- 94571, CA: higher priced homes
- 91978, CA: higher priced homes
- 01450, MA: higher priced homes
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