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These days, finding an affordable place to live in the 97823 area can be challenging. Home prices in 97823 are now at a median cost of $147,700, lower than the Oregon average of $502,078.
The average cost of rent is $1,026/mo in 97823, primarily driven by the current value of real estate in the 97823 area. In 97823, 25.05% of households rent, and 67.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97823 is $4,798 per month. Households that rent pay about 21.38% of their income on rent here. 97823’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
- 97033, OR: higher priced homes
- 97029, OR: higher priced homes
- 97836, OR: higher priced homes
- 97037, OR: higher priced homes
- 97063, OR: higher priced homes
- 97880, OR: higher priced homes
- 97028, OR: less expensive homes
- 97049, OR: higher priced homes
- 97067, OR: higher priced homes
- 97011, OR: higher priced homes
Zip Codes with Similar Populations
- 80623, CO: higher priced homes
- 31551, GA: less expensive homes
- 31638, GA: higher priced homes
- 31712, GA: less expensive homes
- 35571, AL: less expensive homes
- 36524, AL: less expensive homes
- 36548, AL: higher priced homes
- 36749, AL: less expensive homes
- 36785, AL: less expensive homes
- 38361, TN: equally priced homes
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