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These days, finding an affordable place to live in the 97147 area can be challenging. Home prices in 97147 are now at a median cost of $424,300, lower than the Oregon average of $502,078.
The average cost of rent is $1,035/mo in 97147, primarily driven by the current value of real estate in the 97147 area. In 97147, 22.72% of households rent, and 32.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97147 is $5,603 per month. Households that rent pay about 18.47% of their income on rent here. 97147’s most expensive areas are in the central 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
- 97131, OR: higher priced homes
- 97130, OR: higher priced homes
- 97136, OR: less expensive homes
- 97118, OR: less expensive homes
- 97107, OR: equally priced homes
- 97144, OR: higher priced homes
- 97117, OR: higher priced homes
- 97125, OR: higher priced homes
- 97109, OR: higher priced homes
- 97106, OR: higher priced homes
Zip Codes with Similar Populations
- 54657, WI: less expensive homes
- 50039, IA: less expensive homes
- 50103, IA: less expensive homes
- 50108, IA: less expensive homes
- 50148, IA: less expensive homes
- 50242, IA: less expensive homes
- 50430, IA: less expensive homes
- 51556, IA: less expensive homes
- 54485, WI: less expensive homes
- 50032, IA: less expensive homes
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