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These days, finding an affordable place to live in the 97112 area can be challenging. Home prices in 97112 are now at a median cost of $416,991, lower than the Oregon average of $502,078.
The average cost of rent is $1,318/mo in 97112, primarily driven by the current value of real estate in the 97112 area. In 97112, 25.29% of households rent, and 44.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97112 is $6,377 per month. Households that rent pay about 20.67% of their income on rent here. 97112’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 97122, OR: equally priced homes
- 97135, OR: higher priced homes
- 97108, OR: equally priced homes
- 97149, OR: higher priced homes
- 97128, OR: higher 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
- 74825, OK: less expensive homes
- 41214, KY: less expensive homes
- 46031, IN: less expensive homes
- 46919, IN: less expensive homes
- 48464, MI: less expensive homes
- 49255, MI: less expensive homes
- 52043, IA: less expensive homes
- 64490, MO: less expensive homes
- 66075, KS: less expensive homes
- 66612, KS: less expensive homes
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