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These days, finding an affordable place to live in the 98851 area can be challenging. Home prices in 98851 are now at a median cost of $238,876, lower than the Washington average of $621,115.
The average cost of rent is $882/mo in 98851, primarily driven by the current value of real estate in the 98851 area. In 98851, 31.29% of households rent, and 54.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98851 is $4,750 per month. Households that rent pay about 18.58% of their income on rent here. 98851’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 98823, WA: higher priced homes
- 98853, WA: higher priced homes
- 98860, WA: higher priced homes
- 98832, WA: higher priced homes
- 98845, WA: higher priced homes
- 98850, WA: higher priced homes
- 98828, WA: higher priced homes
- 99159, WA: higher priced homes
- 98802, WA: higher priced homes
- 98801, WA: higher priced homes
Zip Codes with Similar Populations
- 05060, VT: equally priced homes
- 06890, CT: higher priced homes
- 07027, NJ: higher priced homes
- 07046, NJ: higher priced homes
- 10524, NY: higher priced homes
- 74436, OK: less expensive homes
- 45308, OH: less expensive homes
- 45732, OH: less expensive homes
- 47143, IN: higher priced homes
- 48730, MI: less expensive homes
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