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These days, finding an affordable place to live in the 97420 area can be challenging. Home prices in 97420 are now at a median cost of $311,969, lower than the Oregon average of $502,078.
The average cost of rent is $1,143/mo in 97420, primarily driven by the current value of real estate in the 97420 area. In 97420, 32.76% of households rent, and 39.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97420 is $5,513 per month. Households that rent pay about 20.74% of their income on rent here. 97420’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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
- 97459, OR: higher priced homes
- 97486, OR: higher priced homes
- 97471, OR: higher priced homes
- 97495, OR: higher priced homes
- 97462, OR: higher priced homes
- 97494, OR: higher priced homes
- 97479, OR: equally priced homes
- 97470, OR: less expensive homes
- 97443, OR: higher priced homes
- 97447, OR: equally priced homes
Zip Codes with Similar Populations
- 23236, VA: higher priced homes
- 07920, NJ: higher priced homes
- 19977, DE: equally priced homes
- 70503, LA: higher priced homes
- 28086, NC: less expensive homes
- 30310, GA: equally priced homes
- 30655, GA: equally priced homes
- 30720, GA: less expensive homes
- 33067, FL: higher priced homes
- 34471, FL: equally priced homes
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