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These days, finding an affordable place to live in the 97731 area can be challenging. Home prices in 97731 are now at a median cost of $292,235, lower than the Oregon average of $502,078.
The average cost of rent is $889/mo in 97731, primarily driven by the current value of real estate in the 97731 area. In 97731, 12.32% of households rent, and 42.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97731 is $5,591 per month. Households that rent pay about 15.89% of their income on rent here. 97731’s most expensive areas are in the northwestern 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
- 97638, OR: less expensive homes
- 97443, OR: higher priced homes
- 97641, OR: less expensive homes
- 97457, OR: equally priced homes
- 97470, OR: equally priced homes
- 97495, OR: higher priced homes
- 97471, OR: higher priced homes
- 97496, OR: less expensive homes
- 97432, OR: less expensive homes
- 97481, OR: equally priced homes
Zip Codes with Similar Populations
- 79377, TX: less expensive homes
- 49834, MI: less expensive homes
- 49901, MI: less expensive homes
- 49962, MI: less expensive homes
- 50067, IA: less expensive homes
- 50252, IA: less expensive homes
- 50559, IA: less expensive homes
- 78344, TX: less expensive homes
- 78618, TX: higher priced homes
- 79082, TX: less expensive homes
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