Expensive
Affordable
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These days, finding an affordable place to live in the 97845 area can be challenging. Home prices in 97845 are now at a median cost of $225,100, lower than the Oregon average of $502,078.
The average cost of rent is $831/mo in 97845, primarily driven by the current value of real estate in the 97845 area. In 97845, 28.72% of households rent, and 60.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97845 is $5,835 per month. Households that rent pay about 14.25% of their income on rent here. 97845’s most expensive areas are in the southeastern 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
- 97820, OR: equally priced homes
- 97865, OR: less expensive homes
- 97869, OR: equally priced homes
- 97825, OR: equally priced homes
- 97884, OR: higher priced homes
- 97837, OR: higher priced homes
- 97908, OR: equally priced homes
- 97819, OR: less expensive homes
- 97905, OR: less expensive homes
- 97907, OR: less expensive homes
Zip Codes with Similar Populations
- 03585, NH: equally priced homes
- 37079, TN: equally priced homes
- 35148, AL: less expensive homes
- 32062, FL: equally priced homes
- 31542, GA: less expensive homes
- 31044, GA: less expensive homes
- 30634, GA: less expensive homes
- 30576, GA: higher priced homes
- 30477, GA: less expensive homes
- 29080, SC: less expensive homes
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