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These days, finding an affordable place to live in the 97124 area can be challenging. Home prices in 97124 are now at a median cost of $544,095, higher than the Oregon average of $502,078.
The average cost of rent is $2,070/mo in 97124, primarily driven by the current value of real estate in the 97124 area. In 97124, 53.55% of households rent, and 30.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97124 is $9,806 per month. Households that rent pay about 21.11% of their income on rent here. 97124’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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
- 97123, OR: equally priced homes
- 97003, OR: less expensive homes
- 97006, OR: equally priced homes
- 97078, OR: equally priced homes
- 97113, OR: less expensive homes
- 97229, OR: higher priced homes
- 97133, OR: higher priced homes
- 97007, OR: higher priced homes
- 97005, OR: less expensive homes
- 97116, OR: less expensive homes
Zip Codes with Similar Populations
- 00924, PR: less expensive homes
- 76542, TX: less expensive homes
- 75074, TX: less expensive homes
- 75025, TX: equally priced homes
- 63366, MO: less expensive homes
- 63129, MO: less expensive homes
- 61761, IL: less expensive homes
- 60637, IL: less expensive homes
- 60630, IL: less expensive homes
- 60613, IL: less expensive homes
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