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These days, finding an affordable place to live in the 97027 area can be challenging. Home prices in 97027 are now at a median cost of $476,108, lower than the Oregon average of $502,078.
The average cost of rent is $1,692/mo in 97027, primarily driven by the current value of real estate in the 97027 area. In 97027, 35.40% of households rent, and 28.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97027 is $8,252 per month. Households that rent pay about 20.50% of their income on rent here. 97027’s most expensive areas are in the northeastern 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
- 97267, OR: higher priced homes
- 97036, OR: higher priced homes
- 97068, OR: higher priced homes
- 97015, OR: equally priced homes
- 97045, OR: higher priced homes
- 97222, OR: equally priced homes
- 97034, OR: higher priced homes
- 97086, OR: higher priced homes
- 97206, OR: higher priced homes
- 97035, OR: higher priced homes
Zip Codes with Similar Populations
- 10601, NY: higher priced homes
- 97503, OR: less expensive homes
- 96795, HI: higher priced homes
- 17003, PA: less expensive homes
- 16428, PA: less expensive homes
- 14843, NY: less expensive homes
- 14301, NY: less expensive homes
- 14201, NY: less expensive homes
- 12701, NY: less expensive homes
- 10927, NY: less expensive homes
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