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Affordable
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These days, finding an affordable place to live in the 97523 area can be challenging. Home prices in 97523 are now at a median cost of $332,244, lower than the Oregon average of $502,078.
The average cost of rent is $1,286/mo in 97523, primarily driven by the current value of real estate in the 97523 area. In 97523, 20.75% of households rent, and 58.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97523 is $3,829 per month. Households that rent pay about 33.60% of their income on rent here. 97523’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 97531, OR: equally priced homes
- 97534, OR: equally priced homes
- 97538, OR: equally priced homes
- 97544, OR: higher priced homes
- 97530, OR: higher priced homes
- 97415, OR: higher priced homes
- 97535, OR: higher priced homes
- 97540, OR: higher priced homes
- 97520, OR: higher priced homes
- 97627, OR: equally priced homes
Zip Codes with Similar Populations
- 39341, MS: less expensive homes
- 71101, LA: less expensive homes
- 70390, LA: less expensive homes
- 69337, NE: less expensive homes
- 68949, NE: less expensive homes
- 68157, NE: less expensive homes
- 67215, KS: less expensive homes
- 65542, MO: less expensive homes
- 64105, MO: less expensive homes
- 64062, MO: less expensive homes
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