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These days, finding an affordable place to live in the 97362 area can be challenging. Home prices in 97362 are now at a median cost of $382,496, lower than the Oregon average of $502,078.
The average cost of rent is $1,510/mo in 97362, primarily driven by the current value of real estate in the 97362 area. In 97362, 41.76% of households rent, and 49.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97362 is $6,357 per month. Households that rent pay about 23.76% of their income on rent here. 97362’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 97373, OR: higher priced homes
- 97381, OR: higher priced homes
- 97026, OR: equally priced homes
- 97071, OR: equally priced homes
- 97032, OR: higher priced homes
- 97375, OR: higher priced homes
- 97305, OR: equally priced homes
- 97038, OR: higher priced homes
- 97303, OR: higher priced homes
- 97301, OR: less expensive homes
Zip Codes with Similar Populations
- 19547, PA: less expensive homes
- 85193, AZ: less expensive homes
- 84647, UT: less expensive homes
- 24124, VA: less expensive homes
- 23927, VA: less expensive homes
- 23437, VA: less expensive homes
- 23040, VA: less expensive homes
- 22840, VA: equally priced homes
- 22645, VA: equally priced homes
- 21655, MD: less expensive homes
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