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Affordable
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These days, finding an affordable place to live in the 97004 area can be challenging. Home prices in 97004 are now at a median cost of $697,319, higher than the Oregon average of $502,078.
The average cost of rent is $1,211/mo in 97004, primarily driven by the current value of real estate in the 97004 area. In 97004, 7.32% of households rent, and 34.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97004 is $8,431 per month. Households that rent pay about 14.37% of their income on rent here. 97004’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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
- 97042, OR: equally priced homes
- 97045, OR: less expensive homes
- 97017, OR: less expensive homes
- 97023, OR: less expensive homes
- 97022, OR: less expensive homes
- 97013, OR: less expensive homes
- 97038, OR: less expensive homes
- 97027, OR: less expensive homes
- 97068, OR: higher priced homes
- 97036, OR: less expensive homes
Zip Codes with Similar Populations
- 65255, MO: less expensive homes
- 32612, FL: less expensive homes
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- 35133, AL: less expensive homes
- 38585, TN: less expensive homes
- 38828, MS: less expensive homes
- 39327, MS: less expensive homes
- 32502, FL: less expensive homes
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