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These days, finding an affordable place to live in the 97224 area can be challenging. Home prices in 97224 are now at a median cost of $465,401, higher than the Oregon average of $365,363.
The average cost of rent is $1,575/mo in 97224, primarily driven by the current value of real estate in the 97224 area. While nearly 31.16% of residents own their homes outright in 97224, 28.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97224 is $8,450 per month. Households that rent pay about 18.64% of their income on rent here. 97224's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 97223, OR: equally priced homes
- 97062, OR: equally priced homes
- 97035, OR: higher priced homes
- 97008, OR: less expensive homes
- 97007, OR: equally priced homes
- 97140, OR: higher priced homes
- 97034, OR: higher priced homes
- 97219, OR: higher priced homes
- 97005, OR: less expensive homes
- 97078, OR: less expensive homes
Zip Codes with Similar Populations
- 95993, CA: less expensive homes
- 08080, NJ: less expensive homes
- 07024, NJ: less expensive homes
- 06460, CT: less expensive homes
- 95401, CA: higher priced homes
- 06106, CT: less expensive homes
- 19136, PA: less expensive homes
- 03103, NH: less expensive homes
- 02920, RI: less expensive homes
- 02138, MA: higher priced homes
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