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Affordable
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These days, finding an affordable place to live in the 98617 area can be challenging. Home prices in 98617 are now at a median cost of $389,117, lower than the Washington average of $621,115.
The average cost of rent is $1,377/mo in 98617, primarily driven by the current value of real estate in the 98617 area. In 98617, 23.04% of households rent, and 52.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98617 is $6,066 per month. Households that rent pay about 22.70% of their income on rent here. 98617’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 97058, OR: equally priced homes
- 98635, WA: higher priced homes
- 97040, OR: higher priced homes
- 98673, WA: less expensive homes
- 98613, WA: less expensive homes
- 98672, WA: higher priced homes
- 97031, OR: higher priced homes
- 98605, WA: higher priced homes
- 98651, WA: higher priced homes
- 97041, OR: higher priced homes
Zip Codes with Similar Populations
- 39643, MS: less expensive homes
- 51638, IA: less expensive homes
- 51331, IA: less expensive homes
- 51234, IA: less expensive homes
- 43734, OH: less expensive homes
- 40464, KY: less expensive homes
- 40060, KY: less expensive homes
- 39862, GA: less expensive homes
- 39751, MS: less expensive homes
- 39647, MS: less expensive homes
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