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These days, finding an affordable place to live in the 97424 area can be challenging. Home prices in 97424 are now at a median cost of $385,057, lower than the Oregon average of $502,078.
The average cost of rent is $1,050/mo in 97424, primarily driven by the current value of real estate in the 97424 area. In 97424, 30.14% of households rent, and 32.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97424 is $6,634 per month. Households that rent pay about 15.83% of their income on rent here. 97424’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 97451, OR: higher priced homes
- 97434, OR: equally priced homes
- 97435, OR: less expensive homes
- 97499, OR: equally priced homes
- 97492, OR: less expensive homes
- 97436, OR: equally priced homes
- 97463, OR: less expensive homes
- 97473, OR: less expensive homes
- 97493, OR: higher priced homes
- 97467, OR: less expensive homes
Zip Codes with Similar Populations
- 06032, CT: higher priced homes
- 06615, CT: equally priced homes
- 17821, PA: less expensive homes
- 60104, IL: less expensive homes
- 79045, TX: less expensive homes
- 77568, TX: less expensive homes
- 77401, TX: higher priced homes
- 77318, TX: less expensive homes
- 77028, TX: less expensive homes
- 71055, LA: less expensive homes
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