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These days, finding an affordable place to live in the 98501 area can be challenging. Home prices in 98501 are now at a median cost of $359,806, lower than the Washington average of $453,663.
The average cost of rent is $1,516/mo in 98501, primarily driven by the current value of real estate in the 98501 area. While nearly 32.43% of residents own their homes outright in 98501, 39.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98501 is $7,125 per month. Households that rent pay about 21.28% of their income on rent here. 98501's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 98503, WA: less expensive homes
- 98512, WA: equally priced homes
- 98506, WA: equally priced homes
- 98513, WA: equally priced homes
- 98502, WA: equally priced homes
- 98516, WA: higher priced homes
- 98327, WA: equally priced homes
- 98303, WA: higher priced homes
- 98351, WA: higher priced homes
- 98433, WA: equally priced homes
Zip Codes with Similar Populations
- 30506, GA: less expensive homes
- 94403, CA: higher priced homes
- 93455, CA: higher priced homes
- 92867, CA: higher priced homes
- 92688, CA: higher priced homes
- 32940, FL: equally priced homes
- 32907, FL: less expensive homes
- 32835, FL: less expensive homes
- 32746, FL: equally priced homes
- 32566, FL: less expensive homes
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