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These days, finding an affordable place to live in the 97115 area can be challenging. Home prices in 97115 are now at a median cost of $566,478, higher than the Oregon average of $502,078.
The average cost of rent is $1,838/mo in 97115, primarily driven by the current value of real estate in the 97115 area. In 97115, 8.99% of households rent, and 30.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97115 is $9,007 per month. Households that rent pay about 20.41% of their income on rent here. 97115’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 97132, OR: equally priced homes
- 97137, OR: higher priced homes
- 97127, OR: less expensive homes
- 97114, OR: less expensive homes
- 97111, OR: equally priced homes
- 97140, OR: higher priced homes
- 97020, OR: less expensive homes
- 97128, OR: less expensive homes
- 97148, OR: higher priced homes
- 97002, OR: equally priced homes
Zip Codes with Similar Populations
- 28701, NC: less expensive homes
- 81323, CO: less expensive homes
- 81240, CO: less expensive homes
- 78160, TX: less expensive homes
- 75969, TX: less expensive homes
- 32455, FL: less expensive homes
- 31305, GA: less expensive homes
- 30725, GA: less expensive homes
- 30147, GA: less expensive homes
- 29689, SC: less expensive homes
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