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These days, finding an affordable place to live in the 97405 area can be challenging. Home prices in 97405 are now at a median cost of $420,313, higher than the Oregon average of $365,363.
The average cost of rent is $1,274/mo in 97405, primarily driven by the current value of real estate in the 97405 area. While nearly 36.25% of residents own their homes outright in 97405, 26.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97405 is $6,826 per month. Households that rent pay about 18.66% of their income on rent here. 97405's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 97403, OR: higher priced homes
- 97401, OR: equally priced homes
- 97402, OR: less expensive homes
- 97477, OR: less expensive homes
- 97404, OR: less expensive homes
- 97408, OR: equally priced homes
- 97426, OR: less expensive homes
- 97478, OR: less expensive homes
- 97455, OR: less expensive homes
- 97487, OR: less expensive homes
Zip Codes with Similar Populations
- 39402, MS: less expensive homes
- 92648, CA: higher priced homes
- 92122, CA: higher priced homes
- 92111, CA: higher priced homes
- 91790, CA: higher priced homes
- 89502, NV: less expensive homes
- 89103, NV: less expensive homes
- 88101, NM: less expensive homes
- 55112, MN: less expensive homes
- 54956, WI: less expensive homes
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