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Cornelius city, OR

ZIP 97113 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97113

Median Home Value
$434,100
Median Rent
$1,185
Affordability Snapshot
$120,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,789/mo PITI).

15%
Rent-to-Income Ratio

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

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

30.5 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 97113 in Cornelius city, OR, a household would need roughly $120,000 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 $2,789. That is about 29% above the local median household income ($93,131), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.1%+13% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
97.4%+12% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
4.9%-29% vs US avg
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
34.1%-11% vs US avg
x
$434,100
Home Value
$1,185
Rent
1987
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached71.5%
  • 1-unit attached4.8%
  • 2-9 units8.3%
  • 10+ units2.6%
  • Mobile home & other12.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$434,100
Median rent$1,185
Owner-occupied74.1%
Vacant3.4%
Price-to-income4.7x
Est. income to buy$120,000