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Affordable
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These days, finding an affordable place to live in the 97520 area can be challenging. Home prices in 97520 are now at a median cost of $580,841, higher than the Oregon average of $502,078.
The average cost of rent is $1,431/mo in 97520, primarily driven by the current value of real estate in the 97520 area. In 97520, 42.48% of households rent, and 47.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97520 is $6,215 per month. Households that rent pay about 23.02% of their income on rent here. 97520’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
- 97540, OR: less expensive homes
- 97535, OR: less expensive homes
- 97530, OR: higher priced homes
- 97544, OR: less expensive homes
- 97627, OR: less expensive homes
- 97634, OR: less expensive homes
- 97601, OR: less expensive homes
- 97538, OR: less expensive homes
- 97523, OR: less expensive homes
- 97531, OR: less expensive homes
Zip Codes with Similar Populations
- 85014, AZ: less expensive homes
- 37303, TN: less expensive homes
- 40403, KY: less expensive homes
- 40422, KY: less expensive homes
- 43606, OH: less expensive homes
- 70805, LA: less expensive homes
- 72223, AR: less expensive homes
- 76034, TX: higher priced homes
- 77062, TX: less expensive homes
- 80206, CO: higher priced homes
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