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These days, finding an affordable place to live in the 97023 area can be challenging. Home prices in 97023 are now at a median cost of $405,636, higher than the Oregon average of $365,363.
The average cost of rent is $1,067/mo in 97023, primarily driven by the current value of real estate in the 97023 area. While nearly 29.91% of residents own their homes outright in 97023, 15.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97023 is $5,789 per month. Households that rent pay about 18.43% of their income on rent here. 97023's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 97022, OR: higher priced homes
- 97004, OR: higher priced homes
- 97055, OR: equally priced homes
- 97017, OR: equally priced homes
- 97042, OR: higher priced homes
- 97045, OR: higher priced homes
- 97027, OR: less expensive homes
- 97011, OR: equally priced homes
- 97038, OR: equally priced homes
- 97068, OR: higher priced homes
Zip Codes with Similar Populations
- 02493, MA: higher priced homes
- 02748, MA: equally priced homes
- 03275, NH: less expensive homes
- 95451, CA: less expensive homes
- 14605, NY: less expensive homes
- 07057, NJ: equally priced homes
- 08318, NJ: less expensive homes
- 08502, NJ: higher priced homes
- 11004, NY: higher priced homes
- 57107, SD: less expensive homes
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