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These days, finding an affordable place to live in the 97408 area can be challenging. Home prices in 97408 are now at a median cost of $413,127, higher than the Oregon average of $365,363.
The average cost of rent is $1,405/mo in 97408, primarily driven by the current value of real estate in the 97408 area. While nearly 47.28% of residents own their homes outright in 97408, 37.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97408 is $7,401 per month. Households that rent pay about 18.98% of their income on rent here. 97408's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 97401, OR: equally priced homes
- 97404, OR: less expensive homes
- 97477, OR: less expensive homes
- 97403, OR: higher priced homes
- 97402, OR: less expensive homes
- 97405, OR: equally priced homes
- 97478, OR: less expensive homes
- 97448, OR: less expensive homes
- 97446, OR: less expensive homes
- 97454, OR: less expensive homes
Zip Codes with Similar Populations
- 02917, RI: less expensive homes
- 06706, CT: less expensive homes
- 10941, NY: less expensive homes
- 15243, PA: less expensive homes
- 19096, PA: higher priced homes
- 25314, WV: less expensive homes
- 22301, VA: higher priced homes
- 64701, MO: less expensive homes
- 78121, TX: less expensive homes
- 64079, MO: less expensive homes
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