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These days, finding an affordable place to live in the 97117 area can be challenging. Home prices in 97117 are now at a median cost of $608,482, higher than the Oregon average of $502,078.
The average cost of rent is $2,049/mo in 97117, primarily driven by the current value of real estate in the 97117 area. In 97117, 11.63% of households rent, and 26.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97117 is $10,103 per month. Households that rent pay about 20.28% of their income on rent here. 97117’s most expensive areas are in the northeastern 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
- 97106, OR: equally priced homes
- 97144, OR: higher priced homes
- 97109, OR: equally priced homes
- 97116, OR: less expensive homes
- 97113, OR: less expensive homes
- 97133, OR: higher priced homes
- 97124, OR: less expensive homes
- 97123, OR: less expensive homes
- 97003, OR: less expensive homes
Zip Codes with Similar Populations
- 50134, IA: less expensive homes
- 83228, ID: less expensive homes
- 80736, CO: less expensive homes
- 79506, TX: less expensive homes
- 78608, TX: equally priced homes
- 56281, MN: less expensive homes
- 51453, IA: less expensive homes
- 50523, IA: less expensive homes
- 50464, IA: less expensive homes
- 50246, IA: less expensive homes
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