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These days, finding an affordable place to live in the 97222 area can be challenging. Home prices in 97222 are now at a median cost of $492,533, lower than the Oregon average of $502,078.
The average cost of rent is $1,638/mo in 97222, primarily driven by the current value of real estate in the 97222 area. In 97222, 42.94% of households rent, and 35.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97222 is $7,459 per month. Households that rent pay about 21.96% of their income on rent here. 97222’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 97267, OR: equally priced homes
- 97206, OR: equally priced homes
- 97202, OR: higher priced homes
- 97036, OR: higher priced homes
- 97086, OR: higher priced homes
- 97027, OR: equally priced homes
- 97266, OR: equally priced homes
- 97034, OR: higher priced homes
- 97015, OR: equally priced homes
- 97219, OR: higher priced homes
Zip Codes with Similar Populations
- 33139, FL: higher priced homes
- 00646, PR: less expensive homes
- 92675, CA: higher priced homes
- 02864, RI: less expensive homes
- 98155, WA: higher priced homes
- 91780, CA: higher priced homes
- 80231, CO: equally priced homes
- 79416, TX: less expensive homes
- 77009, TX: less expensive homes
- 76014, TX: less expensive homes
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