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These days, finding an affordable place to live in the 97403 area can be challenging. Home prices in 97403 are now at a median cost of $626,151, higher than the Oregon average of $502,078.
The average cost of rent is $1,295/mo in 97403, primarily driven by the current value of real estate in the 97403 area. In 97403, 59.61% of households rent, and 35.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97403 is $4,697 per month. Households that rent pay about 27.58% of their income on rent here. 97403’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
- 97401, OR: less expensive homes
- 97405, OR: less expensive homes
- 97477, OR: less expensive homes
- 97408, OR: less expensive homes
- 97402, OR: less expensive homes
- 97404, OR: less expensive homes
- 97478, OR: less expensive homes
- 97455, OR: equally priced homes
- 97426, OR: less expensive homes
- 97487, OR: less expensive homes
Zip Codes with Similar Populations
- 14048, NY: less expensive homes
- 74110, OK: less expensive homes
- 46714, IN: less expensive homes
- 00920, PR: less expensive homes
- 48059, MI: less expensive homes
- 48072, MI: less expensive homes
- 48362, MI: less expensive homes
- 49286, MI: less expensive homes
- 55344, MN: less expensive homes
- 56003, MN: less expensive homes
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