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These days, finding an affordable place to live in the 97020 area can be challenging. Home prices in 97020 are now at a median cost of $322,100, lower than the Oregon average of $502,078.
The average cost of rent is $1,798/mo in 97020, primarily driven by the current value of real estate in the 97020 area. In 97020, 15.83% of households rent, and 40.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97020 is $6,304 per month. Households that rent pay about 28.52% of their income on rent here. 97020’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 97002, OR: higher priced homes
- 97032, OR: higher priced homes
- 97071, OR: higher priced homes
- 97137, OR: higher priced homes
- 97070, OR: higher priced homes
- 97013, OR: higher priced homes
- 97026, OR: higher priced homes
- 97132, OR: higher priced homes
- 97140, OR: higher priced homes
- 97115, OR: higher priced homes
Zip Codes with Similar Populations
- 47531, IN: less expensive homes
- 75435, TX: less expensive homes
- 72057, AR: less expensive homes
- 55925, MN: equally priced homes
- 54854, WI: less expensive homes
- 54835, WI: less expensive homes
- 53808, WI: less expensive homes
- 52154, IA: less expensive homes
- 49827, MI: less expensive homes
- 49726, MI: less expensive homes
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