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Affordable
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These days, finding an affordable place to live in the 98638 area can be challenging. Home prices in 98638 are now at a median cost of $323,176, lower than the Washington average of $621,115.
The average cost of rent is $1,536/mo in 98638, primarily driven by the current value of real estate in the 98638 area. In 98638, 12.70% of households rent, and 64.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98638 is $5,691 per month. Households that rent pay about 26.99% of their income on rent here. 98638’s most expensive areas are in the northwestern 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
- 98643, WA: less expensive homes
- 98621, WA: less expensive homes
- 98614, WA: higher priced homes
- 98624, WA: higher priced homes
- 98631, WA: higher priced homes
- 98644, WA: less expensive homes
- 98640, WA: higher priced homes
- 98647, WA: equally priced homes
- 98581, WA: equally priced homes
- 98593, WA: higher priced homes
Zip Codes with Similar Populations
- 83434, ID: equally priced homes
- 35035, AL: less expensive homes
- 97107, OR: higher priced homes
- 38231, TN: less expensive homes
- 38856, MS: less expensive homes
- 93562, CA: less expensive homes
- 93238, CA: less expensive homes
- 87062, NM: less expensive homes
- 45672, OH: less expensive homes
- 84757, UT: higher priced homes
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