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Affordable
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These days, finding an affordable place to live in the 97206 area can be challenging. Home prices in 97206 are now at a median cost of $529,303, higher than the Oregon average of $502,078.
The average cost of rent is $1,805/mo in 97206, primarily driven by the current value of real estate in the 97206 area. In 97206, 34.03% of households rent, and 23.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97206 is $8,488 per month. Households that rent pay about 21.26% of their income on rent here. 97206’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 97266, OR: less expensive homes
- 97202, OR: higher priced homes
- 97215, OR: higher priced homes
- 97216, OR: less expensive homes
- 97214, OR: higher priced homes
- 97222, OR: equally priced homes
- 97213, OR: higher priced homes
- 97232, OR: higher priced homes
- 97086, OR: higher priced homes
- 97236, OR: less expensive homes
Zip Codes with Similar Populations
- 07105, NJ: equally priced homes
- 08081, NJ: less expensive homes
- 85207, AZ: equally priced homes
- 53711, WI: less expensive homes
- 79907, TX: less expensive homes
- 78744, TX: less expensive homes
- 78586, TX: less expensive homes
- 78537, TX: less expensive homes
- 78207, TX: less expensive homes
- 78155, TX: less expensive homes
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