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These days, finding an affordable place to live in the 97437 area can be challenging. Home prices in 97437 are now at a median cost of $499,596, lower than the Oregon average of $502,078.
The average cost of rent is $1,668/mo in 97437, primarily driven by the current value of real estate in the 97437 area. In 97437, 12.79% of households rent, and 44.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97437 is $6,622 per month. Households that rent pay about 25.19% of their income on rent here. 97437’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 97487, OR: less expensive homes
- 97461, OR: equally priced homes
- 97419, OR: higher priced homes
- 97402, OR: less expensive homes
- 97412, OR: less expensive homes
- 97490, OR: equally priced homes
- 97404, OR: less expensive homes
- 97405, OR: higher priced homes
- 97401, OR: equally priced homes
- 97408, OR: higher priced homes
Zip Codes with Similar Populations
- 13143, NY: less expensive homes
- 98856, WA: equally priced homes
- 89019, NV: less expensive homes
- 81639, CO: equally priced homes
- 75681, TX: less expensive homes
- 43569, OH: less expensive homes
- 43358, OH: less expensive homes
- 37317, TN: less expensive homes
- 37149, TN: less expensive homes
- 36850, AL: less expensive homes
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