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These days, finding an affordable place to live in the 97041 area can be challenging. Home prices in 97041 are now at a median cost of $689,324, higher than the Oregon average of $502,078.
The average cost of rent is $1,346/mo in 97041, primarily driven by the current value of real estate in the 97041 area. In 97041, 26.35% of households rent, and 56.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97041 is $8,551 per month. Households that rent pay about 15.74% of their income on rent here. 97041’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern 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
- 97031, OR: equally priced homes
- 97040, OR: less expensive homes
- 97014, OR: less expensive homes
- 98648, WA: less expensive homes
- 97058, OR: less expensive homes
- 98639, WA: less expensive homes
- 98617, WA: less expensive homes
- 97021, OR: less expensive homes
- 97010, OR: less expensive homes
- 98673, WA: less expensive homes
Zip Codes with Similar Populations
- 04757, ME: less expensive homes
- 08733, NJ: less expensive homes
- 12117, NY: less expensive homes
- 49449, MI: less expensive homes
- 98568, WA: less expensive homes
- 54889, WI: less expensive homes
- 59422, MT: less expensive homes
- 61540, IL: less expensive homes
- 64840, MO: less expensive homes
- 67228, KS: less expensive homes
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