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Affordable
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These days, finding an affordable place to live in the 98557 area can be challenging. Home prices in 98557 are now at a median cost of $376,931, lower than the Washington average of $621,115.
The average cost of rent is $1,223/mo in 98557, primarily driven by the current value of real estate in the 98557 area. In 98557, 13.83% of households rent, and 25.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98557 is $6,710 per month. Households that rent pay about 18.23% of their income on rent here. 98557’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 98541, WA: equally priced homes
- 98559, WA: higher priced homes
- 98583, WA: equally priced homes
- 98502, WA: higher priced homes
- 98512, WA: higher priced homes
- 98563, WA: equally priced homes
- 98506, WA: higher priced homes
- 98501, WA: higher priced homes
- 98503, WA: higher priced homes
- 98516, WA: higher priced homes
Zip Codes with Similar Populations
- 75563, TX: less expensive homes
- 41063, KY: less expensive homes
- 74039, OK: less expensive homes
- 74058, OK: less expensive homes
- 74451, OK: less expensive homes
- 74538, OK: less expensive homes
- 74653, OK: less expensive homes
- 75058, TX: higher priced homes
- 75155, TX: less expensive homes
- 75473, TX: less expensive homes
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