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These days, finding an affordable place to live in the 97109 area can be challenging. Home prices in 97109 are now at a median cost of $611,729, higher than the Oregon average of $502,078.
The average cost of rent is $2,264/mo in 97109, primarily driven by the current value of real estate in the 97109 area. In 97109, 10.08% of households rent, and 37.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97109 is $10,470 per month. Households that rent pay about 21.63% of their income on rent here. 97109’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 97125, OR: higher priced homes
- 97144, OR: higher priced homes
- 97106, OR: equally priced homes
- 97117, OR: equally priced homes
- 97064, OR: less expensive homes
- 97133, OR: higher priced homes
- 97056, OR: less expensive homes
- 97053, OR: less expensive homes
- 97231, OR: higher priced homes
- 97051, OR: less expensive homes
Zip Codes with Similar Populations
- 66016, KS: less expensive homes
- 56350, MN: less expensive homes
- 58052, ND: less expensive homes
- 59015, MT: less expensive homes
- 59225, MT: less expensive homes
- 59910, MT: equally priced homes
- 62238, IL: less expensive homes
- 63563, MO: less expensive homes
- 65773, MO: less expensive homes
- 56292, MN: less expensive homes
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