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These days, finding an affordable place to live in the 97051 area can be challenging. Home prices in 97051 are now at a median cost of $418,628, lower than the Oregon average of $502,078.
The average cost of rent is $1,579/mo in 97051, primarily driven by the current value of real estate in the 97051 area. In 97051, 34.37% of households rent, and 20.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97051 is $7,059 per month. Households that rent pay about 22.36% of their income on rent here. 97051’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 97018, OR: equally priced homes
- 97053, OR: higher priced homes
- 97054, OR: equally priced homes
- 98674, WA: higher priced homes
- 97056, OR: higher priced homes
- 98642, WA: higher priced homes
- 98629, WA: higher priced homes
- 98685, WA: higher priced homes
- 98686, WA: higher priced homes
- 98604, WA: higher priced homes
Zip Codes with Similar Populations
- 78751, TX: higher priced homes
- 33066, FL: less expensive homes
- 33976, FL: less expensive homes
- 35406, AL: higher priced homes
- 35957, AL: less expensive homes
- 96766, HI: higher priced homes
- 37771, TN: less expensive homes
- 91203, CA: higher priced homes
- 90232, CA: higher priced homes
- 89403, NV: equally priced homes
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