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These days, finding an affordable place to live in the 97502 area can be challenging. Home prices in 97502 are now at a median cost of $408,398, lower than the Oregon average of $502,078.
The average cost of rent is $1,556/mo in 97502, primarily driven by the current value of real estate in the 97502 area. In 97502, 26.63% of households rent, and 37.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97502 is $7,616 per month. Households that rent pay about 20.43% of their income on rent here. 97502’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 97501, OR: less expensive homes
- 97504, OR: higher priced homes
- 97503, OR: less expensive homes
- 97525, OR: equally priced homes
- 97524, OR: equally priced homes
- 97535, OR: equally priced homes
- 97530, OR: higher priced homes
- 97540, OR: higher priced homes
- 97537, OR: equally priced homes
- 97544, OR: higher priced homes
Zip Codes with Similar Populations
- 06033, CT: higher priced homes
- 22556, VA: higher priced homes
- 76110, TX: less expensive homes
- 00794, PR: less expensive homes
- 49684, MI: equally priced homes
- 49686, MI: less expensive homes
- 55033, MN: less expensive homes
- 55318, MN: equally priced homes
- 58601, ND: less expensive homes
- 59602, MT: equally priced homes
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