Zip lookup · WA

98038
Maple Valley, Washington.

Maple Valley, King County, WA · Seattle-Tacoma-Bellevue, WA metro · population 37,324

What it costs per month · 98038 $4,012/mo

to buy the typical home at today's mortgage rate — +$2,177 (+119%) since Jan 2020.

What the home itself did
1 year
Down $18,742 -2%
$783,098$764,356 since Sep 2025
5 years
Up $82,643 +12%
$681,713$764,356 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 $4,000 2002 2006 2010 2014 2018 2022 2026 98038 $4,012 United States $1,922
$1,000 $2,000 $3,000 $4,000 2002 2010 2018 2026
  • 98038$4,012
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 30 years.

Typical home values in zip 98038 fell 2.4% over the past year — slower than the nation's +1.2%.

Asking rents in zip 98038 rose 1.4% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 98038 runs $2,385/mo more than renting one. The gap peaked at $2,804 in Jan 2025.

That is $5,357 a month against $2,972 rent: a $4,012 mortgage payment, plus $527 property tax and $818 insurance & upkeep.

Owning vs renting — zip 98038

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$2,000 $3,000 $4,000 $5,000 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $5,357 Renting $2,972 Mortgage only $4,012
$2,000 $3,000 $4,000 $5,000 2020 2022 2024 2026
  • Owning all in$5,357
  • Renting$2,972
  • Mortgage only$4,012

Property tax · $527/mo 0.83% of value a year — the ACS 2020-2024 median bill over the median home value for King County, WA

Insurance & upkeep · $818/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Maple Valley, WA — measured over the city limits, which is a different area from this zip.

Asking rent $2,972 as of Sep 2026
+1.4%year on year
Typical home value $764,356 as of Sep 2026
-2.4%year on year

Asking rent — 98038

Against the Seattle-Tacoma-Bellevue, WA metro and the national benchmark.

$1,500 $2,000 $2,500 $3,000 2019 2020 2021 2022 2023 2024 2025 2026 98038 $2,972 Seattle $2,250 United States $1,932
$1,500 $2,000 $2,500 $3,000 2020 2022 2024 2026
  • 98038$2,972
  • Seattle$2,250
  • United States$1,932

Typical home value — 98038

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $400,000 $600,000 $800,000 2018 2020 2022 2024 2026 98038 $764,356 Seattle $720,147 United States $366,157
$200,000 $400,000 $600,000 $800,000 2018 2022 2026
  • 98038$764,356
  • Seattle$720,147
  • United States$366,157

Within 20 miles

Showing 30 of 47 zips in range — sorting picks from all 47.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
6.3 98051 Ravensdale 3,442 — $852,959
6.3 98027 Issaquah 28,955 $2,770 $1,133,412
7.7 98010 Black Diamond 6,857 $2,998 $753,276
8.1 98058 Renton 42,980 $2,362 $707,206
8.4 98042 Kent 50,216 $2,532 $678,857
9.0 98050 Preston 108 — $1,344,229
9.5 98059 Renton 42,406 $2,344 $919,321
9.9 98029 Issaquah 30,586 $3,048 $1,097,245
11.0 98024 Fall City 3,908 — $1,200,954
11.2 98031 Kent 40,094 $1,935 $651,121
11.7 98055 Renton 24,660 $2,202 $635,419
11.8 98030 Kent 38,523 $1,936 $616,348
12.2 98092 Auburn 50,224 $2,085 $656,794
12.2 98075 Sammamish 25,498 $3,562 $1,703,004
12.7 98056 Renton 35,849 $2,314 $828,266
12.9 98057 Renton 12,705 $2,175 $546,421
13.2 98006 Bellevue 40,009 $3,757 $1,532,900
14.3 98032 Kent 40,862 $1,951 $524,047
14.3 98065 Snoqualmie 15,944 $3,312 $1,046,584
14.4 98002 Auburn 37,509 $1,865 $477,358
14.7 98074 Sammamish 30,761 $3,381 $1,470,667
14.7 98045 North Bend 15,289 $2,958 $971,917
14.7 98178 Seattle 26,748 $2,109 $636,859
14.8 98008 Bellevue 27,242 $4,019 $1,291,296
15.0 98188 Seattle 27,311 $1,889 $574,785
16.1 98007 Bellevue 27,692 $2,381 $969,833
16.3 98001 Auburn 37,460 $2,707 $616,331
16.4 98040 Mercer Island 25,307 $2,796 $2,212,672
16.7 98198 Seattle 40,463 $2,068 $579,429
16.8 98005 Bellevue 21,846 $2,601 $1,501,554

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.