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These days, finding an affordable place to live in the 97056 area can be challenging. Home prices in 97056 are now at a median cost of $486,056, lower than the Oregon average of $502,078.
The average cost of rent is $1,769/mo in 97056, primarily driven by the current value of real estate in the 97056 area. In 97056, 22.92% of households rent, and 37.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97056 is $8,321 per month. Households that rent pay about 21.26% of their income on rent here. 97056’s most expensive areas are in the southwestern 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
- 97053, OR: higher priced homes
- 97051, OR: less expensive homes
- 97231, OR: higher priced homes
- 98642, WA: higher priced homes
- 97018, OR: equally priced homes
- 98685, WA: higher priced homes
- 97133, OR: higher priced homes
- 98665, WA: equally priced homes
- 98686, WA: higher priced homes
- 98660, WA: less expensive homes
Zip Codes with Similar Populations
- 32220, FL: less expensive homes
- 95320, CA: higher priced homes
- 94920, CA: higher priced homes
- 94707, CA: higher priced homes
- 27214, NC: less expensive homes
- 28551, NC: less expensive homes
- 28580, NC: less expensive homes
- 94705, CA: higher priced homes
- 92014, CA: higher priced homes
- 89143, NV: equally priced homes
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