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These days, finding an affordable place to live in the 97220 area can be challenging. Home prices in 97220 are now at a median cost of $444,203, lower than the Oregon average of $502,078.
The average cost of rent is $1,532/mo in 97220, primarily driven by the current value of real estate in the 97220 area. In 97220, 43.95% of households rent, and 27.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97220 is $6,370 per month. Households that rent pay about 24.06% of their income on rent here. 97220’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 97216, OR: equally priced homes
- 97213, OR: higher priced homes
- 97218, OR: higher priced homes
- 97230, OR: equally priced homes
- 97215, OR: higher priced homes
- 97233, OR: less expensive homes
- 97266, OR: equally priced homes
- 97236, OR: equally priced homes
- 97232, OR: higher priced homes
- 97212, OR: higher priced homes
Zip Codes with Similar Populations
- 67203, KS: less expensive homes
- 32127, FL: less expensive homes
- 32159, FL: less expensive homes
- 32168, FL: less expensive homes
- 32221, FL: less expensive homes
- 32309, FL: less expensive homes
- 32327, FL: less expensive homes
- 32507, FL: less expensive homes
- 72704, AR: less expensive homes
- 73112, OK: less expensive homes
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