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Affordable
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These days, finding an affordable place to live in the 97331 area can be challenging. Home prices in 97331 are now at a median cost of $564,461, higher than the Oregon average of $502,078.
The average cost of rent is $1,220/mo in 97331, primarily driven by the current value of real estate in the 97331 area. In 97331, 97.48% of households rent, and 29.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97331 is $1,917 per month. Households that rent pay about 63.63% of their income on rent here. 97331’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 97333, OR: less expensive homes
- 97330, OR: less expensive homes
- 97370, OR: less expensive homes
- 97389, OR: less expensive homes
- 97321, OR: less expensive homes
- 97322, OR: less expensive homes
- 97377, OR: less expensive homes
- 97326, OR: less expensive homes
- 97355, OR: less expensive homes
- 97335, OR: less expensive homes
Zip Codes with Similar Populations
- 97064, OR: less expensive homes
- 04049, ME: less expensive homes
- 78569, TX: less expensive homes
- 74039, OK: less expensive homes
- 55006, MN: less expensive homes
- 52301, IA: less expensive homes
- 40734, KY: less expensive homes
- 38260, TN: less expensive homes
- 37779, TN: less expensive homes
- 36866, AL: less expensive homes
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