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These days, finding an affordable place to live in the 97223 area can be challenging. Home prices in 97223 are now at a median cost of $600,666, higher than the Oregon average of $502,078.
The average cost of rent is $1,880/mo in 97223, primarily driven by the current value of real estate in the 97223 area. In 97223, 40.51% of households rent, and 28.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97223 is $9,392 per month. Households that rent pay about 20.02% of their income on rent here. 97223’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 97008, OR: less expensive homes
- 97224, OR: equally priced homes
- 97007, OR: equally priced homes
- 97035, OR: higher priced homes
- 97005, OR: less expensive homes
- 97219, OR: higher priced homes
- 97225, OR: higher priced homes
- 97221, OR: higher priced homes
- 97062, OR: equally priced homes
- 97078, OR: less expensive homes
Zip Codes with Similar Populations
- 48185, MI: less expensive homes
- 93003, CA: higher priced homes
- 92886, CA: higher priced homes
- 90220, CA: equally priced homes
- 78758, TX: less expensive homes
- 78258, TX: less expensive homes
- 76051, TX: less expensive homes
- 75062, TX: less expensive homes
- 67401, KS: less expensive homes
- 60626, IL: less expensive homes
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