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Seattle city, WA

ZIP 98106 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98106

Median Home Value
$666,800
Median Rent
$1,626
Affordability Snapshot
$184,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,283/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

34.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98106 in Seattle city, WA, a household would need roughly $184,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,283. That is about 59% above the local median household income ($115,529), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
58.2%-11% vs US avg
x
Vacancy Rate
5.0%-51% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
9.5%-26% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
25.2%-49% vs US avg
x
Mortgage-Free
22.2%-42% vs US avg
x
$666,800
Home Value
$1,626
Rent
1980
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached54.6%
  • 1-unit attached11.7%
  • 2-9 units13.6%
  • 10+ units19.4%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$666,800
Median rent$1,626
Owner-occupied58.2%
Vacant5.0%
Price-to-income5.8x
Est. income to buy$184,000