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Affordable
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These days, finding an affordable place to live in the 97054 area can be challenging. Home prices in 97054 are now at a median cost of $433,038, lower than the Oregon average of $502,078.
The average cost of rent is $924/mo in 97054, primarily driven by the current value of real estate in the 97054 area. In 97054, 8.25% of households rent, and 35.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97054 is $8,561 per month. Households that rent pay about 10.79% of their income on rent here. 97054’s most expensive areas are in the southern 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
- 97018, OR: equally priced homes
- 98625, WA: higher priced homes
- 97051, OR: equally priced homes
- 97053, OR: higher priced homes
- 97048, OR: less expensive homes
- 98609, WA: equally priced homes
- 98674, WA: higher priced homes
- 98629, WA: higher priced homes
- 97064, OR: less expensive homes
- 98601, WA: higher priced homes
Zip Codes with Similar Populations
- 85553, AZ: less expensive homes
- 28442, NC: less expensive homes
- 29916, SC: less expensive homes
- 32610, FL: less expensive homes
- 38461, TN: less expensive homes
- 38838, MS: less expensive homes
- 99031, WA: equally priced homes
- 96028, CA: less expensive homes
- 95039, CA: higher priced homes
- 94973, CA: higher priced homes
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