
Affordable
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These days, finding an affordable place to live in the 97848 area can be challenging. Home prices in 97848 are now at a median cost of $320,984, lower than the Oregon average of $502,078.
The average cost of rent is $695/mo in 97848, primarily driven by the current value of real estate in the 97848 area. In 97848, 20.89% of households rent, and 70.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97848 is $4,890 per month. Households that rent pay about 14.22% of their income on rent here. 97848’s most expensive areas are in the northeastern 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
- 97864, OR: higher priced homes
- 97874, OR: higher priced homes
- 97856, OR: higher priced homes
- 97750, OR: higher priced homes
- 97817, OR: less expensive homes
- 97001, OR: equally priced homes
- 97711, OR: higher priced homes
- 97877, OR: less expensive homes
- 97741, OR: equally priced homes
- 97761, OR: less expensive homes
Zip Codes with Similar Populations
- 81155, CO: less expensive homes
- 56335, MN: less expensive homes
- 57057, SD: less expensive homes
- 57224, SD: less expensive homes
- 57265, SD: less expensive homes
- 57725, SD: higher priced homes
- 58266, ND: less expensive homes
- 61258, IL: less expensive homes
- 62346, IL: less expensive homes
- 75573, TX: less expensive homes
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