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These days, finding an affordable place to live in the 97045 area can be challenging. Home prices in 97045 are now at a median cost of $594,520, higher than the Oregon average of $502,078.
The average cost of rent is $1,907/mo in 97045, primarily driven by the current value of real estate in the 97045 area. In 97045, 25.36% of households rent, and 29.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97045 is $9,052 per month. Households that rent pay about 21.07% of their income on rent here. 97045’s most expensive areas are in the northeastern 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
- 97027, OR: less expensive homes
- 97068, OR: higher priced homes
- 97267, OR: less expensive homes
- 97036, OR: equally priced homes
- 97015, OR: less expensive homes
- 97004, OR: higher priced homes
- 97034, OR: higher priced homes
- 97086, OR: higher priced homes
- 97222, OR: less expensive homes
- 97013, OR: equally priced homes
Zip Codes with Similar Populations
- 55124, MN: less expensive homes
- 73013, OK: less expensive homes
- 70072, LA: less expensive homes
- 65807, MO: less expensive homes
- 63021, MO: less expensive homes
- 60638, IL: less expensive homes
- 60505, IL: less expensive homes
- 59901, MT: less expensive homes
- 55901, MN: less expensive homes
- 77015, TX: less expensive homes
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