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These days, finding an affordable place to live in the 97201 area can be challenging. Home prices in 97201 are now at a median cost of $697,722, higher than the Oregon average of $502,078.
The average cost of rent is $1,608/mo in 97201, primarily driven by the current value of real estate in the 97201 area. In 97201, 73.20% of households rent, and 51.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97201 is $7,746 per month. Households that rent pay about 20.75% of their income on rent here. 97201’s most expensive areas are in the southern 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
- 97205, OR: less expensive homes
- 97204, OR: less expensive homes
- 97209, OR: less expensive homes
- 97208, OR: less expensive homes
- 97239, OR: equally priced homes
- 97210, OR: higher priced homes
- 97221, OR: higher priced homes
- 97214, OR: equally priced homes
- 97232, OR: equally priced homes
- 97227, OR: equally priced homes
Zip Codes with Similar Populations
- 01570, MA: less expensive homes
- 70807, LA: less expensive homes
- 94945, CA: higher priced homes
- 32428, FL: less expensive homes
- 32141, FL: less expensive homes
- 32118, FL: less expensive homes
- 29512, SC: less expensive homes
- 22305, VA: higher priced homes
- 22039, VA: higher priced homes
- 21613, MD: less expensive homes
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