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These days, finding an affordable place to live in the 98611 area can be challenging. Home prices in 98611 are now at a median cost of $467,410, lower than the Washington average of $621,115.
The average cost of rent is $1,256/mo in 98611, primarily driven by the current value of real estate in the 98611 area. In 98611, 14.25% of households rent, and 36.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98611 is $7,275 per month. Households that rent pay about 17.26% of their income on rent here. 98611’s most expensive areas are in the eastern 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
- 98645, WA: less expensive homes
- 98581, WA: less expensive homes
- 98626, WA: less expensive homes
- 98632, WA: less expensive homes
- 98649, WA: less expensive homes
- 97016, OR: less expensive homes
- 98612, WA: less expensive homes
- 98647, WA: less expensive homes
- 98621, WA: less expensive homes
- 98643, WA: less expensive homes
Zip Codes with Similar Populations
- 01460, MA: higher priced homes
- 85123, AZ: less expensive homes
- 86040, AZ: less expensive homes
- 20736, MD: higher priced homes
- 20710, MD: less expensive homes
- 71832, AR: less expensive homes
- 19938, DE: less expensive homes
- 17866, PA: less expensive homes
- 16441, PA: less expensive homes
- 16407, PA: less expensive homes
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