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Affordable
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These days, finding an affordable place to live in the 97217 area can be challenging. Home prices in 97217 are now at a median cost of $556,076, higher than the Oregon average of $502,078.
The average cost of rent is $1,826/mo in 97217, primarily driven by the current value of real estate in the 97217 area. In 97217, 41.58% of households rent, and 23.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97217 is $8,701 per month. Households that rent pay about 20.99% of their income on rent here. 97217’s most expensive areas are in the southeastern 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
- 97211, OR: higher priced homes
- 97227, OR: higher priced homes
- 97203, OR: less expensive homes
- 97212, OR: higher priced homes
- 97209, OR: equally priced homes
- 97208, OR: less expensive homes
- 97210, OR: higher priced homes
- 97232, OR: higher priced homes
- 97205, OR: equally priced homes
- 97204, OR: equally priced homes
Zip Codes with Similar Populations
- 58503, ND: less expensive homes
- 44039, OH: less expensive homes
- 44122, OH: less expensive homes
- 45103, OH: less expensive homes
- 45373, OH: less expensive homes
- 45458, OH: less expensive homes
- 46219, IN: less expensive homes
- 46220, IN: less expensive homes
- 46835, IN: less expensive homes
- 46902, IN: less expensive homes
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