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These days, finding an affordable place to live in the 98605 area can be challenging. Home prices in 98605 are now at a median cost of $641,387, higher than the Washington average of $621,115.
The average cost of rent is $1,462/mo in 98605, primarily driven by the current value of real estate in the 98605 area. In 98605, 19.44% of households rent, and 49.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98605 is $6,482 per month. Households that rent pay about 22.55% of their income on rent here. 98605’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
- 98651, WA: equally priced homes
- 98672, WA: equally priced homes
- 97031, OR: higher priced homes
- 97040, OR: less expensive homes
- 98602, WA: less expensive homes
- 98635, WA: less expensive homes
- 98610, WA: less expensive homes
- 97058, OR: less expensive homes
- 98617, WA: less expensive homes
- 97014, OR: less expensive homes
Zip Codes with Similar Populations
- 16930, PA: less expensive homes
- 73763, OK: less expensive homes
- 31022, GA: less expensive homes
- 37301, TN: less expensive homes
- 39825, GA: less expensive homes
- 42368, KY: less expensive homes
- 43767, OH: less expensive homes
- 53046, WI: less expensive homes
- 55954, MN: less expensive homes
- 58060, ND: less expensive homes
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