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These days, finding an affordable place to live in the 98537 area can be challenging. Home prices in 98537 are now at a median cost of $314,126, lower than the Washington average of $621,115.
The average cost of rent is $1,243/mo in 98537, primarily driven by the current value of real estate in the 98537 area. In 98537, 18.92% of households rent, and 42.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98537 is $5,715 per month. Households that rent pay about 21.75% of their income on rent here. 98537’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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
- 98520, WA: less expensive homes
- 98563, WA: higher priced homes
- 98550, WA: less expensive homes
- 98583, WA: higher priced homes
- 98541, WA: higher priced homes
- 98595, WA: less expensive homes
- 98559, WA: higher priced homes
- 98569, WA: higher priced homes
- 98568, WA: higher priced homes
- 98557, WA: higher priced homes
Zip Codes with Similar Populations
- 58257, ND: less expensive homes
- 47841, IN: less expensive homes
- 48032, MI: less expensive homes
- 48877, MI: less expensive homes
- 98952, WA: less expensive homes
- 97347, OR: less expensive homes
- 96783, HI: higher priced homes
- 95641, CA: higher priced homes
- 91916, CA: higher priced homes
- 54558, WI: less expensive homes
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