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These days, finding an affordable place to live in the 97431 area can be challenging. Home prices in 97431 are now at a median cost of $271,368, lower than the Oregon average of $365,363.
The average cost of rent is $1,156/mo in 97431, primarily driven by the current value of real estate in the 97431 area. While nearly 40.17% of residents own their homes outright in 97431, 19.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 97431 is $5,496 per month. Households that rent pay about 21.03% of their income on rent here. 97431's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 97452, OR: less expensive homes
- 97438, OR: higher priced homes
- 97455, OR: higher priced homes
- 97426, OR: higher priced homes
- 97478, OR: equally priced homes
- 97477, OR: equally priced homes
- 97403, OR: higher priced homes
- 97405, OR: higher priced homes
- 97401, OR: higher priced homes
- 97402, OR: less expensive homes
Zip Codes with Similar Populations
- 75417, TX: less expensive homes
- 35540, AL: less expensive homes
- 37047, TN: less expensive homes
- 39057, MS: less expensive homes
- 39664, MS: less expensive homes
- 44429, OH: less expensive homes
- 45054, OH: equally priced homes
- 49339, MI: less expensive homes
- 52046, IA: less expensive homes
- 56256, MN: less expensive homes
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