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Affordable
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These days, finding an affordable place to live in the 97229 area can be challenging. Home prices in 97229 are now at a median cost of $763,512, higher than the Oregon average of $502,078.
The average cost of rent is $2,395/mo in 97229, primarily driven by the current value of real estate in the 97229 area. In 97229, 29.26% of households rent, and 30.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97229 is $14,497 per month. Households that rent pay about 16.52% of their income on rent here. 97229’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 97006, OR: less expensive homes
- 97003, OR: less expensive homes
- 97005, OR: less expensive homes
- 97225, OR: equally priced homes
- 97078, OR: less expensive homes
- 97203, OR: less expensive homes
- 97231, OR: equally priced homes
- 97210, OR: higher priced homes
- 97124, OR: less expensive homes
- 97221, OR: higher priced homes
Zip Codes with Similar Populations
- 30188, GA: less expensive homes
- 10458, NY: less expensive homes
- 10463, NY: less expensive homes
- 10466, NY: less expensive homes
- 10468, NY: less expensive homes
- 10469, NY: less expensive homes
- 93906, CA: less expensive homes
- 11434, NY: less expensive homes
- 92882, CA: less expensive homes
- 30281, GA: less expensive homes
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