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These days, finding an affordable place to live in the 97121 area can be challenging. Home prices in 97121 are now at a median cost of $423,890, lower than the Oregon average of $502,078.
The average cost of rent is $1,514/mo in 97121, primarily driven by the current value of real estate in the 97121 area. In 97121, 29.08% of households rent, and 24.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97121 is $5,116 per month. Households that rent pay about 29.59% of their income on rent here. 97121’s most expensive areas are in the southern 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
- 97146, OR: higher priced homes
- 98614, WA: less expensive homes
- 97103, OR: higher priced homes
- 98647, WA: less expensive homes
- 98612, WA: equally priced homes
- 97016, OR: less expensive homes
- 98632, WA: less expensive homes
- 97048, OR: less expensive homes
- 98611, WA: higher priced homes
- 98626, WA: less expensive homes
Zip Codes with Similar Populations
- 96103, CA: higher priced homes
- 04668, ME: less expensive homes
- 55951, MN: less expensive homes
- 05486, VT: higher priced homes
- 67671, KS: less expensive homes
- 12431, NY: less expensive homes
- 12451, NY: less expensive homes
- 49893, MI: less expensive homes
- 53543, WI: less expensive homes
- 50469, IA: less expensive homes
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