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Affordable
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These days, finding an affordable place to live in the 97623 area can be challenging. Home prices in 97623 are now at a median cost of $268,971, lower than the Oregon average of $502,078.
The average cost of rent is $889/mo in 97623, primarily driven by the current value of real estate in the 97623 area. In 97623, 18.72% of households rent, and 55.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97623 is $4,903 per month. Households that rent pay about 18.14% of their income on rent here. 97623’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
- 97625, OR: equally priced homes
- 97603, OR: equally priced homes
- 97622, OR: equally priced homes
- 97601, OR: equally priced homes
- 97634, OR: less expensive homes
- 97627, OR: higher priced homes
- 97630, OR: less expensive homes
- 97520, OR: higher priced homes
- 97540, OR: higher priced homes
- 97535, OR: higher priced homes
Zip Codes with Similar Populations
- 82426, WY: less expensive homes
- 30630, GA: less expensive homes
- 31012, GA: less expensive homes
- 37902, TN: higher priced homes
- 67663, KS: less expensive homes
- 76511, TX: equally priced homes
- 76624, TX: less expensive homes
- 77564, TX: less expensive homes
- 79079, TX: less expensive homes
- 05048, VT: higher priced homes
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