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Affordable
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These days, finding an affordable place to live in the 97301 area can be challenging. Home prices in 97301 are now at a median cost of $336,834, lower than the Oregon average of $502,078.
The average cost of rent is $1,320/mo in 97301, primarily driven by the current value of real estate in the 97301 area. In 97301, 56.25% of households rent, and 38.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97301 is $5,219 per month. Households that rent pay about 25.29% of their income on rent here. 97301’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern 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
- 97310, OR: equally priced homes
- 97305, OR: higher priced homes
- 97317, OR: higher priced homes
- 97304, OR: higher priced homes
- 97302, OR: higher priced homes
- 97303, OR: higher priced homes
- 97306, OR: higher priced homes
- 97392, OR: higher priced homes
- 97325, OR: higher priced homes
- 97371, OR: higher priced homes
Zip Codes with Similar Populations
- 43701, OH: less expensive homes
- 72712, AR: higher priced homes
- 60622, IL: higher priced homes
- 06511, CT: higher priced homes
- 48126, MI: less expensive homes
- 48103, MI: higher priced homes
- 45601, OH: less expensive homes
- 45140, OH: equally priced homes
- 45044, OH: less expensive homes
- 75216, TX: less expensive homes
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