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Affordable
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These days, finding an affordable place to live in the 97306 area can be challenging. Home prices in 97306 are now at a median cost of $479,823, lower than the Oregon average of $502,078.
The average cost of rent is $1,629/mo in 97306, primarily driven by the current value of real estate in the 97306 area. In 97306, 28.13% of households rent, and 29.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97306 is $9,064 per month. Households that rent pay about 17.97% of their income on rent here. 97306’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 97302, OR: equally priced homes
- 97310, OR: less expensive homes
- 97317, OR: equally priced homes
- 97301, OR: less expensive homes
- 97392, OR: higher priced homes
- 97304, OR: equally priced homes
- 97351, OR: equally priced homes
- 97305, OR: less expensive homes
- 97325, OR: less expensive homes
- 97352, OR: equally priced homes
Zip Codes with Similar Populations
- 32826, FL: less expensive homes
- 92841, CA: higher priced homes
- 93314, CA: higher priced homes
- 94107, CA: higher priced homes
- 95341, CA: less expensive homes
- 95377, CA: higher priced homes
- 49548, MI: less expensive homes
- 44120, OH: less expensive homes
- 38301, TN: less expensive homes
- 33462, FL: less expensive homes
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