US5.com
  1. Home
  2. States
  3. Oregon
  4. ZIP 97603
  5. Housing & Real Estate
Altamont CDP, OR

ZIP 97603 — 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 97603

Median Home Value
$251,100
Median Rent
$837
Affordability Snapshot
$69,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,613/mo PITI).

16%
Rent-to-Income Ratio

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

3.9x
Home Price-to-Income Ratio

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

25.0 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 97603 in Altamont CDP, OR, a household would need roughly $69,000 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 $1,613. That is roughly in line with the local median household income ($64,272). 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
67.6%+3% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
87.8%+1% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
8.8%-31% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
22.8%-54% vs US avg
x
Mortgage-Free
38.8%+1% vs US avg
x
$251,100
Home Value
$837
Rent
1974
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached68.3%
  • 1-unit attached4.1%
  • 2-9 units8.5%
  • 10+ units5.6%
  • Mobile home & other13.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$251,100
Median rent$837
Owner-occupied67.6%
Vacant4.7%
Price-to-income3.9x
Est. income to buy$69,000