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These days, finding an affordable place to live in the 97108 area can be challenging. Home prices in 97108 are now at a median cost of $438,000, lower than the Oregon average of $502,078.
The average cost of rent is $1,340/mo in 97108, primarily driven by the current value of real estate in the 97108 area. In 97108, 18.64% of households rent, and 38.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97108 is $8,854 per month. Households that rent pay about 15.14% of their income on rent here. 97108’s most expensive areas are in the central regions, while the cheapest areas are in the western 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
- 97112, OR: equally priced homes
- 97122, OR: equally priced homes
- 97135, OR: higher priced homes
- 97149, OR: higher priced homes
- 97128, OR: equally priced homes
- 97148, OR: higher priced homes
- 97111, OR: higher priced homes
- 97101, OR: higher priced homes
- 97127, OR: equally priced homes
- 97114, OR: higher priced homes
Zip Codes with Similar Populations
- 72544, AR: less expensive homes
- 56536, MN: less expensive homes
- 56592, MN: less expensive homes
- 56652, MN: less expensive homes
- 56662, MN: less expensive homes
- 57219, SD: less expensive homes
- 58374, ND: less expensive homes
- 58467, ND: less expensive homes
- 59826, MT: higher priced homes
- 72001, AR: less expensive homes
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