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These days, finding an affordable place to live in the 98581 area can be challenging. Home prices in 98581 are now at a median cost of $317,863, lower than the Washington average of $621,115.
The average cost of rent is $966/mo in 98581, primarily driven by the current value of real estate in the 98581 area. In 98581, 11.95% of households rent, and 30.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98581 is $5,293 per month. Households that rent pay about 18.26% of their income on rent here. 98581’s most expensive areas are in the northwestern 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
- 98593, WA: higher priced homes
- 98611, WA: higher priced homes
- 98596, WA: higher priced homes
- 98591, WA: higher priced homes
- 98645, WA: higher priced homes
- 98649, WA: higher priced homes
- 98647, WA: equally priced homes
- 98621, WA: less expensive homes
- 98643, WA: less expensive homes
- 98638, WA: equally priced homes
Zip Codes with Similar Populations
- 73537, OK: less expensive homes
- 50566, IA: less expensive homes
- 50654, IA: less expensive homes
- 50681, IA: less expensive homes
- 51010, IA: less expensive homes
- 51033, IA: less expensive homes
- 51540, IA: less expensive homes
- 72668, AR: less expensive homes
- 72739, AR: equally priced homes
- 50434, IA: less expensive homes
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