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These days, finding an affordable place to live in the 97018 area can be challenging. Home prices in 97018 are now at a median cost of $443,146, lower than the Oregon average of $502,078.
The average cost of rent is $2,074/mo in 97018, primarily driven by the current value of real estate in the 97018 area. In 97018, 15.75% of households rent, and 36.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97018 is $7,434 per month. Households that rent pay about 27.90% of their income on rent here. 97018’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- 97051, OR: equally priced homes
- 98674, WA: higher priced homes
- 97053, OR: higher priced homes
- 97054, OR: equally priced homes
- 98629, WA: higher priced homes
- 98642, WA: higher priced homes
- 97056, OR: higher priced homes
- 98685, WA: higher priced homes
- 98686, WA: higher priced homes
- 98604, WA: higher priced homes
Zip Codes with Similar Populations
- 12455, NY: less expensive homes
- 14427, NY: less expensive homes
- 81120, CO: less expensive homes
- 78650, TX: less expensive homes
- 28615, NC: less expensive homes
- 29001, SC: less expensive homes
- 29726, SC: less expensive homes
- 37095, TN: less expensive homes
- 44675, OH: less expensive homes
- 02898, RI: less expensive homes
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