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These days, finding an affordable place to live in the 97048 area can be challenging. Home prices in 97048 are now at a median cost of $295,513, lower than the Oregon average of $365,363.
The average cost of rent is $940/mo in 97048, primarily driven by the current value of real estate in the 97048 area. While nearly 40.69% of residents own their homes outright in 97048, 19.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97048 is $5,161 per month. Households that rent pay about 18.21% of their income on rent here. 97048's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 98609, WA: higher priced homes
- 98632, WA: less expensive homes
- 98626, WA: equally priced homes
- 98625, WA: higher priced homes
- 97054, OR: equally priced homes
- 97016, OR: less expensive homes
- 98674, WA: higher priced homes
- 98612, WA: less expensive homes
- 98603, WA: equally priced homes
- 98601, WA: higher priced homes
Zip Codes with Similar Populations
- 28097, NC: less expensive homes
- 31833, GA: less expensive homes
- 31546, GA: less expensive homes
- 31096, GA: less expensive homes
- 30530, GA: less expensive homes
- 29123, SC: less expensive homes
- 28768, NC: less expensive homes
- 28604, NC: less expensive homes
- 28428, NC: higher priced homes
- 32066, FL: less expensive homes
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