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These days, finding an affordable place to live in the 97017 area can be challenging. Home prices in 97017 are now at a median cost of $617,228, higher than the Oregon average of $502,078.
The average cost of rent is $1,281/mo in 97017, primarily driven by the current value of real estate in the 97017 area. In 97017, 9.39% of households rent, and 46.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97017 is $7,540 per month. Households that rent pay about 16.99% of their income on rent here. 97017’s most expensive areas are in the northern 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: higher priced homes
- 97004, OR: higher priced homes
- 97038, OR: less expensive homes
- 97023, OR: equally priced homes
- 97013, OR: less expensive homes
- 97375, OR: equally priced homes
- 97032, OR: less expensive homes
- 97002, OR: less expensive homes
- 97373, OR: less expensive homes
- 97362, OR: less expensive homes
Zip Codes with Similar Populations
- 28746, NC: less expensive homes
- 54614, WI: less expensive homes
- 27970, NC: less expensive homes
- 28033, NC: less expensive homes
- 28137, NC: less expensive homes
- 28357, NC: less expensive homes
- 28385, NC: less expensive homes
- 28441, NC: less expensive homes
- 28512, NC: less expensive homes
- 54228, WI: less expensive homes
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