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These days, finding an affordable place to live in the 97055 area can be challenging. Home prices in 97055 are now at a median cost of $383,496, higher than the Oregon average of $365,363.
The average cost of rent is $1,324/mo in 97055, primarily driven by the current value of real estate in the 97055 area. While nearly 30.16% of residents own their homes outright in 97055, 20.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97055 is $7,088 per month. Households that rent pay about 18.69% of their income on rent here. 97055's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 97009, OR: higher priced homes
- 97022, OR: higher priced homes
- 97023, OR: equally priced homes
- 97080, OR: equally priced homes
- 97089, OR: higher priced homes
- 97011, OR: equally priced homes
- 97067, OR: equally priced homes
- 97015, OR: equally priced homes
- 97049, OR: equally priced homes
- 97004, OR: higher priced homes
Zip Codes with Similar Populations
- 02171, MA: higher priced homes
- 78015, TX: equally priced homes
- 94612, CA: higher priced homes
- 97470, OR: less expensive homes
- 32226, FL: less expensive homes
- 31903, GA: less expensive homes
- 31008, GA: less expensive homes
- 29410, SC: less expensive homes
- 24141, VA: less expensive homes
- 21223, MD: less expensive homes
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