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Affordable
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These days, finding an affordable place to live in the 98438 area can be challenging. Home prices in 98438 are now at a median cost of $526,600, lower than the Washington average of $621,115.
The average cost of rent is $2,323/mo in 98438, primarily driven by the current value of real estate in the 98438 area. In 98438, 97.26% of households rent, and 28.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98438 is $4,567 per month. Households that rent pay about 50.86% of their income on rent here. 98438’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern 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
- 98439, WA: less expensive homes
- 98447, WA: less expensive homes
- 98499, WA: less expensive homes
- 98444, WA: less expensive homes
- 98445, WA: less expensive homes
- 98498, WA: equally priced homes
- 98433, WA: equally priced homes
- 98408, WA: less expensive homes
- 98446, WA: less expensive homes
- 98409, WA: less expensive homes
Zip Codes with Similar Populations
- 43407, OH: less expensive homes
- 80481, CO: higher priced homes
- 79528, TX: less expensive homes
- 52140, IA: less expensive homes
- 50843, IA: less expensive homes
- 49947, MI: less expensive homes
- 49762, MI: less expensive homes
- 48853, MI: less expensive homes
- 48705, MI: less expensive homes
- 47858, IN: less expensive homes
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