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These days, finding an affordable place to live in the 97461 area can be challenging. Home prices in 97461 are now at a median cost of $477,932, lower than the Oregon average of $502,078.
The average cost of rent is $1,535/mo in 97461, primarily driven by the current value of real estate in the 97461 area. In 97461, 7.88% of households rent, and 61.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97461 is $8,538 per month. Households that rent pay about 17.98% of their income on rent here. 97461’s most expensive areas are in the eastern 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
- 97437, OR: equally priced homes
- 97487, OR: less expensive homes
- 97412, OR: less expensive homes
- 97419, OR: higher priced homes
- 97490, OR: equally priced homes
- 97430, OR: less expensive homes
- 97448, OR: equally priced homes
- 97402, OR: less expensive homes
- 97404, OR: less expensive homes
- 97480, OR: less expensive homes
Zip Codes with Similar Populations
- 05766, VT: less expensive homes
- 64653, MO: less expensive homes
- 56221, MN: less expensive homes
- 56327, MN: less expensive homes
- 56575, MN: less expensive homes
- 57034, SD: less expensive homes
- 58528, ND: less expensive homes
- 59086, MT: less expensive homes
- 59832, MT: less expensive homes
- 61260, IL: less expensive homes
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