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These days, finding an affordable place to live in the 97103 area can be challenging. Home prices in 97103 are now at a median cost of $470,494, lower than the Oregon average of $502,078.
The average cost of rent is $1,312/mo in 97103, primarily driven by the current value of real estate in the 97103 area. In 97103, 35.95% of households rent, and 34.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97103 is $6,676 per month. Households that rent pay about 19.65% of their income on rent here. 97103’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 97146, OR: equally priced homes
- 97121, OR: less expensive homes
- 98614, WA: less expensive homes
- 98647, WA: less expensive homes
- 98612, WA: less expensive homes
- 97016, OR: less expensive homes
- 98632, WA: less expensive homes
- 97048, OR: less expensive homes
- 98611, WA: equally priced homes
- 98626, WA: less expensive homes
Zip Codes with Similar Populations
- 11754, NY: higher priced homes
- 80002, CO: higher priced homes
- 22066, VA: higher priced homes
- 21108, MD: higher priced homes
- 77059, TX: less expensive homes
- 19363, PA: less expensive homes
- 15644, PA: less expensive homes
- 15220, PA: less expensive homes
- 11362, NY: higher priced homes
- 93247, CA: less expensive homes
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