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These days, finding an affordable place to live in the 97406 area can be challenging. Home prices in 97406 are now at a median cost of $277,886, lower than the Oregon average of $365,363.
The average cost of rent is $797/mo in 97406, primarily driven by the current value of real estate in the 97406 area. While nearly 67.88% of residents own their homes outright in 97406, 6.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97406 is $3,044 per month. Households that rent pay about 26.19% of their income on rent here. 97406's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 97444, OR: higher priced homes
- 97532, OR: higher priced homes
- 97497, OR: equally priced homes
- 97526, OR: higher priced homes
- 97527, OR: higher priced homes
- 97537, OR: higher priced homes
- 97525, OR: higher priced homes
- 97503, OR: equally priced homes
- 97539, OR: less expensive homes
- 97524, OR: higher priced homes
Zip Codes with Similar Populations
- 81638, CO: equally priced homes
- 59916, MT: less expensive homes
- 60437, IL: less expensive homes
- 61519, IL: less expensive homes
- 62083, IL: less expensive homes
- 62334, IL: less expensive homes
- 79755, TX: less expensive homes
- 80546, CO: higher priced homes
- 80622, CO: higher priced homes
- 80757, CO: less expensive homes
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