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These days, finding an affordable place to live in the 98937 area can be challenging. Home prices in 98937 are now at a median cost of $372,774, lower than the Washington average of $621,115.
The average cost of rent is $1,389/mo in 98937, primarily driven by the current value of real estate in the 98937 area. In 98937, 24.36% of households rent, and 44.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98937 is $6,435 per month. Households that rent pay about 21.58% of their income on rent here. 98937’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 98947, WA: less expensive homes
- 98923, WA: less expensive homes
- 98942, WA: equally priced homes
- 98908, WA: higher priced homes
- 98901, WA: less expensive homes
- 98950, WA: higher priced homes
- 99321, WA: less expensive homes
- 99349, WA: equally priced homes
- 98361, WA: equally priced homes
- 98304, WA: equally priced homes
Zip Codes with Similar Populations
- 27541, NC: less expensive homes
- 65633, MO: less expensive homes
- 86021, AZ: higher priced homes
- 92549, CA: higher priced homes
- 93265, CA: equally priced homes
- 93953, CA: higher priced homes
- 94111, CA: higher priced homes
- 95004, CA: higher priced homes
- 95328, CA: equally priced homes
- 32322, FL: less expensive homes
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