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Affordable
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These days, finding an affordable place to live in the 97627 area can be challenging. Home prices in 97627 are now at a median cost of $329,068, lower than the Oregon average of $502,078.
The average cost of rent is $1,289/mo in 97627, primarily driven by the current value of real estate in the 97627 area. In 97627, 11.82% of households rent, and 52.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97627 is $6,993 per month. Households that rent pay about 18.43% of their income on rent here. 97627’s most expensive areas are in the eastern 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
- 97634, OR: less expensive homes
- 97601, OR: less expensive homes
- 97603, OR: less expensive homes
- 97633, OR: less expensive homes
- 97625, OR: less expensive homes
- 97632, OR: less expensive homes
- 97623, OR: less expensive homes
- 97520, OR: higher priced homes
- 97540, OR: higher priced homes
- 97535, OR: higher priced homes
Zip Codes with Similar Populations
- 41544, KY: less expensive homes
- 51243, IA: less expensive homes
- 51036, IA: less expensive homes
- 50435, IA: less expensive homes
- 50167, IA: less expensive homes
- 49915, MI: less expensive homes
- 49743, MI: less expensive homes
- 48765, MI: less expensive homes
- 47537, IN: less expensive homes
- 46150, IN: less expensive homes
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