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These days, finding an affordable place to live in the 98845 area can be challenging. Home prices in 98845 are now at a median cost of $346,100, lower than the Washington average of $621,115.
The average cost of rent is $945/mo in 98845, primarily driven by the current value of real estate in the 98845 area. In 98845, 39.90% of households rent, and 62.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98845 is $8,208 per month. Households that rent pay about 11.51% of their income on rent here. 98845’s most expensive areas are in the central 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
- 98850, WA: higher priced homes
- 98828, WA: higher priced homes
- 98802, WA: higher priced homes
- 98801, WA: higher priced homes
- 98851, WA: less expensive homes
- 98836, WA: higher priced homes
- 98815, WA: higher priced homes
- 98821, WA: higher priced homes
- 98853, WA: equally priced homes
- 98847, WA: higher priced homes
Zip Codes with Similar Populations
- 59851, MT: equally priced homes
- 73638, OK: less expensive homes
- 72838, AR: less expensive homes
- 72828, AR: less expensive homes
- 61419, IL: less expensive homes
- 61324, IL: less expensive homes
- 61323, IL: less expensive homes
- 60536, IL: higher priced homes
- 59867, MT: equally priced homes
- 73719, OK: less expensive homes
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