HousingHandbookReference data

U.S. ZIP Code · WA98178

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$672,509[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.3%
5-year / yr
+2.4%
10-year / yr
+6.6%

Relative price

vs U.S.
+136.7%
vs metro
-2.0%
vs state
+33.6%
ZIP 98178 location in WA
Location of ZIP 98178 in WA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98178 is worth $672,509 — 2.0% below the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 2.3%. Homes here rent for a typical $2,059 a month — a 3.7% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,059[2]
Gross yield
3.7%[2]
Cap rate
2.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$6,055[3]

#Climate risk

FEMA National Risk Index ratings for King County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively Moderate
Wildfire
Relatively Low
Drought
Very Low
Heat wave
Relatively High
Hurricane
Not Applicable
Tornado
Relatively Moderate
Earthquake
Very High
Winter weather
Relatively High

#Who lives here

Population
26,748[3]
Median household income
$99,505[3]

#Migration

Household moves in and out of King County over a year, from IRS tax-return data.

Net migration
-1,324[5]
Moved in
67,282
Moved out
68,606

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
4
Middle
1
High
1
  • Dimmitt Middle School

    Middle · Grades 6–8 · Renton School District

    630 students

  • Campbell Hill Elementary School

    Elementary · Grades PK–5 · Renton School District

    394 students

  • Bryn Mawr Elementary School

    Elementary · Grades K–5 · Renton School District

    391 students

  • Lakeridge Elementary School

    Elementary · Grades K–5 · Renton School District

    331 students

  • Talley High School

    High · Grades 6–12 · Renton School District

    237 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield3.7%
Net yield (after ~40% expenses)2.2%
Annual rent$24,706

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,401
Loan principal$538,007
Down payment$134,502
Total interest paid$686,199

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.17
Monthly cost to own$4,465
Monthly rent$2,059

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
16th percentile[1]
Rental yield
53rd percentile[2]
Property tax
89th percentile[3]

Frequently asked

How much is a home worth in ZIP code 98178?
The typical home in 98178 is worth $672,509, based on the Zillow Home Value Index.
Are home values rising in 98178?
Home values in 98178 are down 2.3% over the past year, and up 2.4% a year over five years.
What is the typical rent in 98178?
A typical home in 98178 rents for about $2,059 a month, a gross rental yield of 3.7%.
What is the property tax rate in 98178?
The effective property tax rate in 98178 is 0.9% — roughly $6,055 a year on a typical home.
Who lives in 98178?
ZIP code 98178 has a population of 26,748 and a median household income of $99,505.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Buckley, WA

    Typical home
    $668,941
    Gross yield
  • Seattle, WA

    Typical home
    $676,373
    Gross yield
    4.1%
  • Sisco Heights CDP, WA

    Typical home
    $664,937
    Gross yield
    3.9%
  • Kent, WA

    Typical home
    $680,519
    Gross yield
    3.7%
  • Auburn, WA

    Typical home
    $682,285
    Gross yield
    3.5%
  • Tacoma, WA

    Typical home
    $683,201
    Gross yield
    3.9%

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