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Affordable
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These days, finding an affordable place to live in the 97037 area can be challenging. Home prices in 97037 are now at a median cost of $306,764, lower than the Oregon average of $502,078.
The average cost of rent is $1,205/mo in 97037, primarily driven by the current value of real estate in the 97037 area. In 97037, 29.88% of households rent, and 60.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97037 is $5,157 per month. Households that rent pay about 23.37% of their income on rent here. 97037’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 97063, OR: equally priced homes
- 97057, OR: equally priced homes
- 97033, OR: less expensive homes
- 97028, OR: less expensive homes
- 97823, OR: less expensive homes
- 97023, OR: higher priced homes
- 97017, OR: higher priced homes
- 97004, OR: higher priced homes
- 97042, OR: higher priced homes
- 97038, OR: higher priced homes
Zip Codes with Similar Populations
- 51439, IA: less expensive homes
- 58366, ND: less expensive homes
- 56713, MN: less expensive homes
- 56661, MN: less expensive homes
- 55990, MN: less expensive homes
- 55018, MN: higher priced homes
- 54006, WI: less expensive homes
- 52620, IA: less expensive homes
- 52561, IA: less expensive homes
- 01270, MA: higher priced homes
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