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These days, finding an affordable place to live in the 97218 area can be challenging. Home prices in 97218 are now at a median cost of $413,312, higher than the Oregon average of $365,363.
The average cost of rent is $1,340/mo in 97218, primarily driven by the current value of real estate in the 97218 area. While nearly 27.69% of residents own their homes outright in 97218, 39.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97218 is $6,125 per month. Households that rent pay about 21.88% of their income on rent here. 97218's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 97213, OR: higher priced homes
- 97211, OR: higher priced homes
- 97212, OR: higher priced homes
- 97220, OR: less expensive homes
- 97232, OR: higher priced homes
- 97215, OR: higher priced homes
- 97227, OR: higher priced homes
- 97214, OR: higher priced homes
- 97216, OR: less expensive homes
- 97217, OR: equally priced homes
Zip Codes with Similar Populations
- 11751, NY: equally priced homes
- 94552, CA: higher priced homes
- 94505, CA: higher priced homes
- 20639, MD: higher priced homes
- 20619, MD: less expensive homes
- 19530, PA: less expensive homes
- 18964, PA: less expensive homes
- 14613, NY: less expensive homes
- 13669, NY: less expensive homes
- 13057, NY: less expensive homes
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