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, OR

ZIP 97117 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97117

Median Home Value
$603,200
Median Rent
N/A
Affordability Snapshot
$166,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,875/mo PITI).

5.5x
Home Price-to-Income Ratio

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

To comfortably buy a median-priced home in ZIP 97117 in OR, a household would need roughly $166,000 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 $3,875. That is about 52% above the local median household income ($109,083), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
87.0%+33% vs US avg
x
Vacancy Rate
0.0%
x
Broadband Access
92.9%+7% vs US avg
x
4+ Bedrooms
15.2%+3% vs US avg
x
Built Pre-1939
3.0%-77% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
25.7%-48% vs US avg
x
Mortgage-Free
17.9%-53% vs US avg
x
$603,200
Home Value
N/A
Rent
1973
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 detached98.1%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other1.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$603,200
Median rent$-666,666,666
Owner-occupied87.0%
Vacant0.0%
Price-to-income5.5x
Est. income to buy$166,000