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These days, finding an affordable place to live in the 97637 area can be challenging. Home prices in 97637 are now at a median cost of $253,900, lower than the Oregon average of $502,078.
The average cost of rent is $578/mo in 97637, primarily driven by the current value of real estate in the 97637 area. In 97637, 36.67% of households rent, and 62.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97637 is $5,390 per month. Households that rent pay about 10.72% of their income on rent here. 97637’s most expensive areas are in the central 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
- 97622, OR: equally priced homes
- 97621, OR: equally priced homes
- 97639, OR: equally priced homes
- 97624, OR: equally priced homes
- 97522, OR: higher priced homes
- 97524, OR: higher priced homes
- 97503, OR: higher priced homes
- 97504, OR: higher priced homes
- 97501, OR: higher priced homes
- 97502, OR: higher priced homes
Zip Codes with Similar Populations
- 70585, LA: less expensive homes
- 72353, AR: less expensive homes
- 72328, AR: less expensive homes
- 72322, AR: less expensive homes
- 72321, AR: less expensive homes
- 72038, AR: less expensive homes
- 72014, AR: less expensive homes
- 71722, AR: less expensive homes
- 71666, AR: less expensive homes
- 71662, AR: less expensive homes
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