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These days, finding an affordable place to live in the 97107 area can be challenging. Home prices in 97107 are now at a median cost of $391,627, lower than the Oregon average of $502,078.
The average cost of rent is $1,086/mo in 97107, primarily driven by the current value of real estate in the 97107 area. In 97107, 19.40% of households rent, and 32.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97107 is $6,087 per month. Households that rent pay about 17.83% of their income on rent here. 97107’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 97118, OR: equally priced homes
- 97141, OR: equally priced homes
- 97134, OR: higher priced homes
- 97136, OR: equally priced homes
- 97147, OR: equally priced homes
- 97117, OR: higher priced homes
- 97125, OR: higher priced homes
- 97119, OR: higher priced homes
- 97116, OR: higher priced homes
- 97106, OR: higher priced homes
Zip Codes with Similar Populations
- 89070, NV: less expensive homes
- 35618, AL: less expensive homes
- 38039, TN: less expensive homes
- 40046, KY: less expensive homes
- 41046, KY: less expensive homes
- 98638, WA: less expensive homes
- 43340, OH: less expensive homes
- 43534, OH: less expensive homes
- 96781, HI: higher priced homes
- 45681, OH: less expensive homes
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