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These days, finding an affordable place to live in the 97457 area can be challenging. Home prices in 97457 are now at a median cost of $281,321, lower than the Oregon average of $502,078.
The average cost of rent is $943/mo in 97457, primarily driven by the current value of real estate in the 97457 area. In 97457, 29.79% of households rent, and 43.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97457 is $5,047 per month. Households that rent pay about 18.69% of their income on rent here. 97457’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 97417, OR: equally priced homes
- 97469, OR: less expensive homes
- 97496, OR: equally priced homes
- 97432, OR: less expensive homes
- 97429, OR: higher priced homes
- 97481, OR: equally priced homes
- 97416, OR: equally priced homes
- 97484, OR: equally priced homes
- 97458, OR: equally priced homes
- 97414, OR: less expensive homes
Zip Codes with Similar Populations
- 75650, TX: less expensive homes
- 24521, VA: equally priced homes
- 25312, WV: less expensive homes
- 25413, WV: equally priced homes
- 27509, NC: less expensive homes
- 28103, NC: equally priced homes
- 30439, GA: less expensive homes
- 31082, GA: less expensive homes
- 31329, GA: equally priced homes
- 32680, FL: less expensive homes
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