Rental numbers for the Grants Pass, OR metro
The typical home here runs -$1,212 a month at 7.78% with 25% down, breaking even at about 0.6%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.0%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 5.0%
- 2 ZIPs with full data
- Cash flow
- -$1,212/mo
- at 7.78%, 25% down
- Typical price
- $390,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,677/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
8 with published figures
| 97523Cave Junction | $301,000 | $1,420* | 5.7% | 3.0% | -$860 | n/a |
| 97538Selma | $325,000 | $1,400* | 5.2% | 2.7% | -$1,027 | n/a |
| 97526Grants Pass | $385,000 | $1,652 | 5.1% | 2.6% | -$1,228 | +5.0% |
| 97544Williams | $452,000 | $1,860* | 4.9% | 2.6% | -$1,445 | n/a |
| 97527Grants Pass | $411,000 | $1,687 | 4.9% | 2.5% | -$1,356 | +5.1% |
| 97497Wolf Creek | $330,000 | $1,320* | 4.8% | 2.5% | -$1,102 | n/a |
| 97543Wilderville | $420,000 | $1,350* | 3.9% | 1.8% | -$1,635 | n/a |
| 97532Merlin | $470,000 | $1,230* | 3.1% | 1.1% | -$2,118 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.1%
- Rent, 12 months
- +4.3%
- Rent minus price growth
- +4.2 pts
- Property tax
- 0.45%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $376,898 | n/a |
| Aug 2022 | $402,992 | n/a |
| Aug 2023 | $388,737 | $1,507 |
| Aug 2024 | $393,491 | $1,567 |
| Aug 2025 | $390,085 | $1,608 |
| Aug 2026 | $390,436 | $1,677 |
Counties
- Josephine County, OR5.0% median yield
Tools
Questions
- Is the Grants Pass, OR metro good for rental property?
- The typical home here runs -$1,212 a month at 7.78% with 25% down, breaking even at about 0.6%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.0%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Grants Pass, OR metro have the highest rental yield?
- 97526 (Grants Pass) at 5.1%, 97527 (Grants Pass) at 4.9%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.