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These days, finding an affordable place to live in the 98506 area can be challenging. Home prices in 98506 are now at a median cost of $369,387, lower than the Washington average of $453,663.
The average cost of rent is $1,458/mo in 98506, primarily driven by the current value of real estate in the 98506 area. While nearly 38.97% of residents own their homes outright in 98506, 32.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98506 is $6,426 per month. Households that rent pay about 22.68% of their income on rent here. 98506's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 98502, WA: equally priced homes
- 98516, WA: equally priced homes
- 98503, WA: less expensive homes
- 98501, WA: equally priced homes
- 98513, WA: equally priced homes
- 98512, WA: less expensive homes
- 98351, WA: equally priced homes
- 98303, WA: higher priced homes
- 98327, WA: equally priced homes
- 98433, WA: equally priced homes
Zip Codes with Similar Populations
- 34223, FL: less expensive homes
- 77037, TX: less expensive homes
- 70438, LA: less expensive homes
- 68845, NE: less expensive homes
- 00751, PR: less expensive homes
- 34233, FL: less expensive homes
- 35661, AL: less expensive homes
- 44023, OH: equally priced homes
- 44511, OH: less expensive homes
- 46952, IN: less expensive homes
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