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Estacada city, OR

ZIP 97023 — 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 97023

Median Home Value
$530,800
Median Rent
$1,038
Affordability Snapshot
$146,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,410/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.

42.6 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 97023 in Estacada city, OR, a household would need roughly $146,000 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 $3,410. That is about 95% above the local median household income ($74,701), 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
81.9%+25% vs US avg
x
Vacancy Rate
5.6%-46% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
6.1%-59% vs US avg
x
Built Pre-1939
5.2%-59% vs US avg
x
Built Post-2014
6.3%-9% vs US avg
x
Rent Burden >30%
28.5%-43% vs US avg
x
Mortgage-Free
38.5%+1% vs US avg
x
$530,800
Home Value
$1,038
Rent
1987
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 detached77.9%
  • 1-unit attached0.0%
  • 2-9 units2.7%
  • 10+ units2.5%
  • Mobile home & other17.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$530,800
Median rent$1,038
Owner-occupied81.9%
Vacant5.6%
Price-to-income7.1x
Est. income to buy$146,000