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These days, finding an affordable place to live in the 97029 area can be challenging. Home prices in 97029 are now at a median cost of $212,500, lower than the Oregon average of $502,078.
The average cost of rent is $927/mo in 97029, primarily driven by the current value of real estate in the 97029 area. In 97029, 36.58% of households rent, and 63.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97029 is $5,278 per month. Households that rent pay about 17.56% of their income on rent here. 97029’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
- 97039, OR: equally priced homes
- 97033, OR: equally priced homes
- 97021, OR: higher priced homes
- 97063, OR: higher priced homes
- 97823, OR: less expensive homes
- 97028, OR: less expensive homes
- 97839, OR: equally priced homes
- 97049, OR: higher priced homes
- 97067, OR: higher priced homes
- 97011, OR: higher priced homes
Zip Codes with Similar Populations
- 73666, OK: less expensive homes
- 58642, ND: higher priced homes
- 58649, ND: less expensive homes
- 00694, PR: less expensive homes
- 58725, ND: less expensive homes
- 59054, MT: higher priced homes
- 72640, AR: less expensive homes
- 72752, AR: less expensive homes
- 72852, AR: less expensive homes
- 72860, AR: less expensive homes
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