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These days, finding an affordable place to live in the 97050 area can be challenging. Home prices in 97050 are now at a median cost of $211,400, lower than the Oregon average of $502,078.
The average cost of rent is $1,104/mo in 97050, primarily driven by the current value of real estate in the 97050 area. In 97050, 31.84% of households rent, and 64.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97050 is $4,219 per month. Households that rent pay about 26.17% of their income on rent here. 97050’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
- 97065, OR: equally priced homes
- 98613, WA: higher priced homes
- 98673, WA: higher priced homes
- 98617, WA: higher priced homes
- 99356, WA: higher priced homes
- 97058, OR: higher priced homes
- 98635, WA: higher priced homes
- 97812, OR: higher priced homes
- 97040, OR: higher priced homes
- 98672, WA: higher priced homes
Zip Codes with Similar Populations
- 73531, OK: less expensive homes
- 01243, MA: higher priced homes
- 58015, ND: higher priced homes
- 58063, ND: equally priced homes
- 58429, ND: equally priced homes
- 58455, ND: higher priced homes
- 58476, ND: equally priced homes
- 58481, ND: higher priced homes
- 58483, ND: less expensive homes
- 72026, AR: less expensive homes
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