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These days, finding an affordable place to live in the 97232 area can be challenging. Home prices in 97232 are now at a median cost of $643,954, higher than the Oregon average of $502,078.
The average cost of rent is $1,742/mo in 97232, primarily driven by the current value of real estate in the 97232 area. In 97232, 72.89% of households rent, and 31.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97232 is $7,951 per month. Households that rent pay about 21.91% of their income on rent here. 97232’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 97214, OR: higher priced homes
- 97212, OR: higher priced homes
- 97204, OR: less expensive homes
- 97208, OR: less expensive homes
- 97227, OR: equally priced homes
- 97209, OR: equally priced homes
- 97213, OR: equally priced homes
- 97215, OR: higher priced homes
- 97205, OR: less expensive homes
- 97201, OR: equally priced homes
Zip Codes with Similar Populations
- 76301, TX: less expensive homes
- 44044, OH: less expensive homes
- 45246, OH: less expensive homes
- 46404, IN: less expensive homes
- 50312, IA: less expensive homes
- 53228, WI: less expensive homes
- 01060, MA: less expensive homes
- 54143, WI: less expensive homes
- 55107, MN: less expensive homes
- 60417, IL: less expensive homes
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