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These days, finding an affordable place to live in the 97497 area can be challenging. Home prices in 97497 are now at a median cost of $368,354, lower than the Oregon average of $502,078.
The average cost of rent is $876/mo in 97497, primarily driven by the current value of real estate in the 97497 area. In 97497, 18.07% of households rent, and 58.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97497 is $4,221 per month. Households that rent pay about 20.74% of their income on rent here. 97497’s most expensive areas are in the southwestern 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
- 97442, OR: less expensive homes
- 97532, OR: higher priced homes
- 97410, OR: higher priced homes
- 97539, OR: higher priced homes
- 97541, OR: higher priced homes
- 97406, OR: less expensive homes
- 97522, OR: equally priced homes
- 97536, OR: equally priced homes
- 97465, OR: equally priced homes
- 97626, OR: less expensive homes
Zip Codes with Similar Populations
- 15142, PA: higher priced homes
- 05857, VT: less expensive homes
- 06481, CT: equally priced homes
- 11960, NY: higher priced homes
- 62828, IL: less expensive homes
- 43347, OH: less expensive homes
- 54566, WI: less expensive homes
- 53079, WI: less expensive homes
- 50076, IA: less expensive homes
- 03287, NH: higher priced homes
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