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These days, finding an affordable place to live in the 97701 area can be challenging. Home prices in 97701 are now at a median cost of $675,619, higher than the Oregon average of $502,078.
The average cost of rent is $1,917/mo in 97701, primarily driven by the current value of real estate in the 97701 area. In 97701, 42.84% of households rent, and 28.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97701 is $8,162 per month. Households that rent pay about 23.49% of their income on rent here. 97701’s most expensive areas are in the southwestern 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
- 97703, OR: higher priced homes
- 97702, OR: equally priced homes
- 97709, OR: less expensive homes
- 97413, OR: less expensive homes
- 97752, OR: less expensive homes
- 97488, OR: less expensive homes
- 97489, OR: less expensive homes
- 97751, OR: less expensive homes
- 97452, OR: less expensive homes
- 97438, OR: less expensive homes
Zip Codes with Similar Populations
- 34135, FL: less expensive homes
- 48188, MI: less expensive homes
- 46037, IN: less expensive homes
- 45014, OH: less expensive homes
- 43207, OH: less expensive homes
- 40214, KY: less expensive homes
- 37918, TN: less expensive homes
- 36830, AL: less expensive homes
- 36116, AL: less expensive homes
- 35215, AL: less expensive homes
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