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These days, finding an affordable place to live in the 98503 area can be challenging. Home prices in 98503 are now at a median cost of $289,641, lower than the Washington average of $453,663.
The average cost of rent is $1,502/mo in 98503, primarily driven by the current value of real estate in the 98503 area. While nearly 42.93% of residents own their homes outright in 98503, 46.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98503 is $6,254 per month. Households that rent pay about 24.01% of their income on rent here. 98503's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 98513, WA: higher priced homes
- 98501, WA: higher priced homes
- 98516, WA: higher priced homes
- 98506, WA: higher priced homes
- 98502, WA: higher priced homes
- 98512, WA: higher priced homes
- 98327, WA: higher priced homes
- 98303, WA: higher priced homes
- 98433, WA: higher priced homes
- 98351, WA: higher priced homes
Zip Codes with Similar Populations
- 91789, CA: higher priced homes
- 44124, OH: less expensive homes
- 08094, NJ: less expensive homes
- 95132, CA: higher priced homes
- 94124, CA: higher priced homes
- 90604, CA: higher priced homes
- 80601, CO: higher priced homes
- 75206, TX: higher priced homes
- 70605, LA: equally priced homes
- 61820, IL: less expensive homes
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