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These days, finding an affordable place to live in the 97541 area can be challenging. Home prices in 97541 are now at a median cost of $454,624, lower than the Oregon average of $502,078.
The average cost of rent is $1,297/mo in 97541, primarily driven by the current value of real estate in the 97541 area. In 97541, 10.76% of households rent, and 38.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97541 is $5,016 per month. Households that rent pay about 25.86% of their income on rent here. 97541’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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
- 97539, OR: equally priced homes
- 97536, OR: less expensive homes
- 97522, OR: less expensive homes
- 97410, OR: higher priced homes
- 97497, OR: less expensive homes
- 97442, OR: less expensive homes
- 97532, OR: equally priced homes
- 97626, OR: less expensive homes
- 97624, OR: less expensive homes
- 97406, OR: less expensive homes
Zip Codes with Similar Populations
- 74829, OK: less expensive homes
- 44082, OH: less expensive homes
- 45881, OH: less expensive homes
- 51005, IA: less expensive homes
- 52571, IA: less expensive homes
- 58042, ND: less expensive homes
- 61740, IL: less expensive homes
- 62262, IL: less expensive homes
- 62520, IL: less expensive homes
- 64746, MO: less expensive homes
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