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These days, finding an affordable place to live in the 97202 area can be challenging. Home prices in 97202 are now at a median cost of $689,109, higher than the Oregon average of $502,078.
The average cost of rent is $1,687/mo in 97202, primarily driven by the current value of real estate in the 97202 area. In 97202, 49.51% of households rent, and 25.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97202 is $9,475 per month. Households that rent pay about 17.80% of their income on rent here. 97202’s most expensive areas are in the southeastern 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
- 97206, OR: less expensive homes
- 97214, OR: equally priced homes
- 97239, OR: equally priced homes
- 97215, OR: equally priced homes
- 97204, OR: less expensive homes
- 97201, OR: equally priced homes
- 97222, OR: less expensive homes
- 97232, OR: equally priced homes
- 97205, OR: less expensive homes
- 97208, OR: less expensive homes
Zip Codes with Similar Populations
- 85353, AZ: less expensive homes
- 00957, PR: less expensive homes
- 52302, IA: less expensive homes
- 52404, IA: less expensive homes
- 53081, WI: less expensive homes
- 53590, WI: less expensive homes
- 54915, WI: less expensive homes
- 55330, MN: less expensive homes
- 60615, IL: less expensive homes
- 77471, TX: less expensive homes
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