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Affordable
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These days, finding an affordable place to live in the 98631 area can be challenging. Home prices in 98631 are now at a median cost of $388,012, lower than the Washington average of $621,115.
The average cost of rent is $969/mo in 98631, primarily driven by the current value of real estate in the 98631 area. In 98631, 29.97% of households rent, and 40.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98631 is $5,250 per month. Households that rent pay about 18.45% of their income on rent here. 98631’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 98644, WA: less expensive homes
- 98624, WA: equally priced homes
- 98640, WA: equally priced homes
- 98614, WA: less expensive homes
- 98638, WA: less expensive homes
- 98643, WA: less expensive homes
- 98621, WA: less expensive homes
- 98647, WA: less expensive homes
- 98581, WA: less expensive homes
- 98593, WA: equally priced homes
Zip Codes with Similar Populations
- 55382, MN: equally priced homes
- 98051, WA: higher priced homes
- 97148, OR: higher priced homes
- 59859, MT: higher priced homes
- 95546, CA: less expensive homes
- 92536, CA: higher priced homes
- 87528, NM: less expensive homes
- 78383, TX: less expensive homes
- 75939, TX: less expensive homes
- 74653, OK: less expensive homes
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