US5.com
  1. Home
  2. States
  3. Washington
  4. ZIP 98134
  5. Housing & Real Estate
Seattle city, WA

ZIP 98134 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98134

Median Home Value
$385,300
Median Rent
$1,490
Affordability Snapshot
$106,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,475/mo PITI).

27%
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.

21.5 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 98134 in Seattle city, WA, a household would need roughly $106,000 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 $2,475. That is about 60% above the local median household income ($66,119), 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

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
34.3%-48% vs US avg
x
Vacancy Rate
12.9%+25% vs US avg
x
Broadband Access
94.8%+9% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
12.9%+0% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
55.6%+45% vs US avg
x
$385,300
Home Value
$1,490
Rent
1970
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached0.0%
  • 1-unit attached0.0%
  • 2-9 units7.9%
  • 10+ units92.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$385,300
Median rent$1,490
Owner-occupied34.3%
Vacant12.9%
Price-to-income5.8x
Est. income to buy$106,000