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Affordable
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These days, finding an affordable place to live in the 97221 area can be challenging. Home prices in 97221 are now at a median cost of $863,515, higher than the Oregon average of $502,078.
The average cost of rent is $1,834/mo in 97221, primarily driven by the current value of real estate in the 97221 area. In 97221, 30.00% of households rent, and 35.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97221 is $12,033 per month. Households that rent pay about 15.24% of their income on rent here. 97221’s most expensive areas are in the central 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
- 97239, OR: less expensive homes
- 97225, OR: less expensive homes
- 97201, OR: less expensive homes
- 97219, OR: less expensive homes
- 97205, OR: less expensive homes
- 97210, OR: higher priced homes
- 97204, OR: less expensive homes
- 97209, OR: less expensive homes
- 97208, OR: less expensive homes
- 97005, OR: less expensive homes
Zip Codes with Similar Populations
- 98660, WA: less expensive homes
- 70538, LA: less expensive homes
- 83350, ID: less expensive homes
- 53558, WI: less expensive homes
- 49685, MI: less expensive homes
- 95357, CA: less expensive homes
- 20607, MD: less expensive homes
- 20005, DC: less expensive homes
- 19943, DE: less expensive homes
- 16802, PA: less expensive homes
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