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Affordable
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These days, finding an affordable place to live in the 97883 area can be challenging. Home prices in 97883 are now at a median cost of $241,317, lower than the Oregon average of $502,078.
The average cost of rent is $929/mo in 97883, primarily driven by the current value of real estate in the 97883 area. In 97883, 29.88% of households rent, and 31.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97883 is $5,344 per month. Households that rent pay about 17.37% of their income on rent here. 97883’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 97824, OR: higher priced homes
- 97850, OR: higher priced homes
- 97846, OR: higher priced homes
- 97880, OR: equally priced homes
- 83547, ID: higher priced homes
- 97836, OR: equally priced homes
- 97823, OR: less expensive homes
- 97033, OR: less expensive homes
- 97029, OR: less expensive homes
- 97037, OR: higher priced homes
Zip Codes with Similar Populations
- 03574, NH: higher priced homes
- 69033, NE: less expensive homes
- 72512, AR: less expensive homes
- 54941, WI: higher priced homes
- 81524, CO: higher priced homes
- 43719, OH: less expensive homes
- 39169, MS: less expensive homes
- 39116, MS: less expensive homes
- 37014, TN: higher priced homes
- 32445, FL: less expensive homes
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