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Affordable
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These days, finding an affordable place to live in the 97601 area can be challenging. Home prices in 97601 are now at a median cost of $288,834, lower than the Oregon average of $502,078.
The average cost of rent is $1,161/mo in 97601, primarily driven by the current value of real estate in the 97601 area. In 97601, 40.53% of households rent, and 45.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97601 is $4,837 per month. Households that rent pay about 24.00% of their income on rent here. 97601’s most expensive areas are in the northwestern 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
- 97603, OR: equally priced homes
- 97634, OR: less expensive homes
- 97627, OR: higher priced homes
- 97625, OR: equally priced homes
- 97623, OR: equally priced homes
- 97622, OR: equally priced homes
- 97520, OR: higher priced homes
- 97540, OR: higher priced homes
- 97535, OR: higher priced homes
- 97504, OR: higher priced homes
Zip Codes with Similar Populations
- 27401, NC: less expensive homes
- 83835, ID: higher priced homes
- 00637, PR: less expensive homes
- 34601, FL: less expensive homes
- 33496, FL: higher priced homes
- 32805, FL: less expensive homes
- 32751, FL: higher priced homes
- 32726, FL: less expensive homes
- 30122, GA: equally priced homes
- 29169, SC: less expensive homes
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