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These days, finding an affordable place to live in the 98612 area can be challenging. Home prices in 98612 are now at a median cost of $421,284, lower than the Washington average of $621,115.
The average cost of rent is $857/mo in 98612, primarily driven by the current value of real estate in the 98612 area. In 98612, 17.21% of households rent, and 60.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98612 is $5,971 per month. Households that rent pay about 14.35% of their income on rent here. 98612’s most expensive areas are in the southwestern 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
- 98647, WA: less expensive homes
- 97016, OR: less expensive homes
- 98632, WA: less expensive homes
- 97103, OR: higher priced homes
- 97048, OR: equally priced homes
- 98611, WA: higher priced homes
- 98626, WA: less expensive homes
- 98609, WA: equally priced homes
- 97146, OR: higher priced homes
- 97121, OR: equally priced homes
Zip Codes with Similar Populations
- 13471, NY: less expensive homes
- 07460, NJ: less expensive homes
- 64098, MO: less expensive homes
- 49908, MI: less expensive homes
- 80734, CO: less expensive homes
- 37335, TN: less expensive homes
- 32094, FL: less expensive homes
- 27356, NC: less expensive homes
- 16617, PA: less expensive homes
- 14561, NY: less expensive homes
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