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These days, finding an affordable place to live in the 97205 area can be challenging. Home prices in 97205 are now at a median cost of $597,021, higher than the Oregon average of $365,363.
The average cost of rent is $1,135/mo in 97205, primarily driven by the current value of real estate in the 97205 area. While nearly 49.26% of residents own their homes outright in 97205, 58.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97205 is $7,369 per month. Households that rent pay about 15.41% of their income on rent here. 97205's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 97201, OR: equally priced homes
- 97209, OR: equally priced homes
- 97204, OR: less expensive homes
- 97208, OR: equally priced homes
- 97210, OR: higher priced homes
- 97227, OR: equally priced homes
- 97239, OR: equally priced homes
- 97232, OR: equally priced homes
- 97214, OR: equally priced homes
- 97221, OR: higher priced homes
Zip Codes with Similar Populations
- 80913, CO: less expensive homes
- 11963, NY: higher priced homes
- 17316, PA: less expensive homes
- 19807, DE: higher priced homes
- 74743, OK: less expensive homes
- 77964, TX: less expensive homes
- 78639, TX: less expensive homes
- 79382, TX: less expensive homes
- 80435, CO: higher priced homes
- 02881, RI: less expensive homes
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