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These days, finding an affordable place to live in the 97203 area can be challenging. Home prices in 97203 are now at a median cost of $503,346, higher than the Oregon average of $502,078.
The average cost of rent is $1,737/mo in 97203, primarily driven by the current value of real estate in the 97203 area. In 97203, 42.44% of households rent, and 20.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97203 is $7,296 per month. Households that rent pay about 23.81% of their income on rent here. 97203’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 97217, OR: higher priced homes
- 97227, OR: higher priced homes
- 97210, OR: higher priced homes
- 98660, WA: less expensive homes
- 97211, OR: higher priced homes
- 97209, OR: higher priced homes
- 97208, OR: equally priced homes
- 97229, OR: higher priced homes
- 97205, OR: higher priced homes
- 97212, OR: higher priced homes
Zip Codes with Similar Populations
- 45150, OH: less expensive homes
- 44145, OH: less expensive homes
- 48910, MI: less expensive homes
- 22207, VA: higher priced homes
- 23233, VA: equally priced homes
- 85340, AZ: equally priced homes
- 46516, IN: less expensive homes
- 48313, MI: less expensive homes
- 48423, MI: less expensive homes
- 55416, MN: equally priced homes
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