Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 97227 area can be challenging. Home prices in 97227 are now at a median cost of $547,980, higher than the Oregon average of $365,363.
The average cost of rent is $1,568/mo in 97227, primarily driven by the current value of real estate in the 97227 area. While nearly 17.79% of residents own their homes outright in 97227, 72.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97227 is $6,585 per month. Households that rent pay about 23.81% of their income on rent here. 97227's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 97208, OR: higher priced homes
- 97209, OR: equally priced homes
- 97212, OR: higher priced homes
- 97211, OR: less expensive homes
- 97210, OR: higher priced homes
- 97232, OR: equally priced homes
- 97217, OR: less expensive homes
- 97204, OR: less expensive homes
- 97205, OR: equally priced homes
- 97201, OR: higher priced homes
Zip Codes with Similar Populations
- 28305, NC: less expensive homes
- 72855, AR: less expensive homes
- 42206, KY: less expensive homes
- 40337, KY: less expensive homes
- 39168, MS: less expensive homes
- 38483, TN: less expensive homes
- 38225, TN: less expensive homes
- 35042, AL: less expensive homes
- 30735, GA: less expensive homes
- 29003, SC: less expensive homes
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