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Affordable
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These days, finding an affordable place to live in the 97127 area can be challenging. Home prices in 97127 are now at a median cost of $406,236, lower than the Oregon average of $502,078.
The average cost of rent is $1,240/mo in 97127, primarily driven by the current value of real estate in the 97127 area. In 97127, 12.90% of households rent, and 26.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97127 is $8,490 per month. Households that rent pay about 14.60% of their income on rent here. 97127’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern 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
- 97114, OR: higher priced homes
- 97111, OR: higher priced homes
- 97115, OR: higher priced homes
- 97128, OR: higher priced homes
- 97137, OR: higher priced homes
- 97132, OR: higher priced homes
- 97148, OR: higher priced homes
- 97101, OR: higher priced homes
- 97020, OR: less expensive homes
- 97026, OR: equally priced homes
Zip Codes with Similar Populations
- 24986, WV: less expensive homes
- 82443, WY: less expensive homes
- 81328, CO: equally priced homes
- 29451, SC: higher priced homes
- 29142, SC: less expensive homes
- 29112, SC: less expensive homes
- 29032, SC: less expensive homes
- 28478, NC: less expensive homes
- 27830, NC: less expensive homes
- 27809, NC: less expensive homes
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