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These days, finding an affordable place to live in the 97140 area can be challenging. Home prices in 97140 are now at a median cost of $674,556, higher than the Oregon average of $502,078.
The average cost of rent is $2,332/mo in 97140, primarily driven by the current value of real estate in the 97140 area. In 97140, 23.89% of households rent, and 23.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97140 is $11,038 per month. Households that rent pay about 21.12% of their income on rent here. 97140’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 97062, OR: less expensive homes
- 97224, OR: less expensive homes
- 97070, OR: equally priced homes
- 97132, OR: less expensive homes
- 97223, OR: less expensive homes
- 97007, OR: equally priced homes
- 97035, OR: higher priced homes
- 97008, OR: less expensive homes
- 97078, OR: less expensive homes
- 97002, OR: less expensive homes
Zip Codes with Similar Populations
- 84721, UT: less expensive homes
- 42431, KY: less expensive homes
- 43214, OH: less expensive homes
- 48336, MI: less expensive homes
- 53072, WI: less expensive homes
- 53220, WI: less expensive homes
- 75702, TX: less expensive homes
- 77023, TX: less expensive homes
- 78411, TX: less expensive homes
- 08050, NJ: less expensive homes
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