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Hood River city, OR

ZIP 97031 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97031

Median Home Value
$608,100
Median Rent
$1,200
Affordability Snapshot
$167,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,906/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

42.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97031 in Hood River city, OR, a household would need roughly $167,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,906. That is about 94% above the local median household income ($86,085), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
66.7%+2% vs US avg
x
Vacancy Rate
11.0%+7% vs US avg
x
Broadband Access
90.1%+4% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
5.2%-59% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
23.5%-53% vs US avg
x
Mortgage-Free
40.5%+6% vs US avg
x
$608,100
Home Value
$1,200
Rent
1981
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached70.4%
  • 1-unit attached5.2%
  • 2-9 units7.1%
  • 10+ units7.9%
  • Mobile home & other9.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$608,100
Median rent$1,200
Owner-occupied66.7%
Vacant11.0%
Price-to-income7.1x
Est. income to buy$167,000