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These days, finding an affordable place to live in the 97480 area can be challenging. Home prices in 97480 are now at a median cost of $297,647, lower than the Oregon average of $502,078.
The average cost of rent is $939/mo in 97480, primarily driven by the current value of real estate in the 97480 area. In 97480, 20.18% of households rent, and 70.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97480 is $4,048 per month. Households that rent pay about 23.20% of their income on rent here. 97480’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- 97453, OR: higher priced homes
- 97430, OR: higher priced homes
- 97490, OR: higher priced homes
- 97412, OR: higher priced homes
- 97439, OR: higher priced homes
- 97461, OR: higher priced homes
- 97437, OR: higher priced homes
- 97487, OR: higher priced homes
- 97419, OR: higher priced homes
- 97402, OR: higher priced homes
Zip Codes with Similar Populations
- 77476, TX: higher priced homes
- 55609, MN: higher priced homes
- 55973, MN: less expensive homes
- 58272, ND: less expensive homes
- 73673, OK: less expensive homes
- 73756, OK: less expensive homes
- 74050, OK: less expensive homes
- 74843, OK: less expensive homes
- 76566, TX: less expensive homes
- 76680, TX: less expensive homes
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