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These days, finding an affordable place to live in the 97215 area can be challenging. Home prices in 97215 are now at a median cost of $702,653, higher than the Oregon average of $502,078.
The average cost of rent is $1,612/mo in 97215, primarily driven by the current value of real estate in the 97215 area. In 97215, 35.90% of households rent, and 31.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97215 is $9,853 per month. Households that rent pay about 16.36% of their income on rent here. 97215’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 97213, OR: less expensive homes
- 97214, OR: equally priced homes
- 97206, OR: less expensive homes
- 97216, OR: less expensive homes
- 97232, OR: equally priced homes
- 97220, OR: less expensive homes
- 97202, OR: equally priced homes
- 97266, OR: less expensive homes
- 97212, OR: higher priced homes
- 97218, OR: less expensive homes
Zip Codes with Similar Populations
- 07405, NJ: less expensive homes
- 07628, NJ: less expensive homes
- 08505, NJ: less expensive homes
- 08840, NJ: less expensive homes
- 12118, NY: less expensive homes
- 13903, NY: less expensive homes
- 15120, PA: less expensive homes
- 15425, PA: less expensive homes
- 28716, NC: less expensive homes
- 70807, LA: less expensive homes
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