Rental numbers for the Portland, OR metro
The typical home here runs -$2,263 a month at 7.78% with 25% down. 0 of 79 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.2%.
- Gross yield
- 4.0%
- typical home, Zillow
- Median ZIP yield
- 4.2%
- 79 ZIPs with full data
- Cash flow
- -$2,263/mo
- at 7.78%, 25% down
- Typical price
- $543,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,818/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
120 with published figures
| 97209Portland | $338,000 | $1,786 | 6.3% | 2.7% | -$1,061 | +0.4% |
| 97396Willamina | $359,000 | $1,800* | 6.0% | 3.4% | -$927 | n/a |
| 97049Rhododendron | $419,000 | $1,970* | 5.7% | 2.9% | -$1,253 | n/a |
| 97064Vernonia | $390,000 | $1,800* | 5.5% | 2.8% | -$1,194 | n/a |
| 97378Sheridan | $396,000 | $1,800* | 5.5% | 2.8% | -$1,220 | n/a |
| 97016Clatskanie | $406,000 | $1,800* | 5.3% | 2.5% | -$1,327 | n/a |
| 97266Portland | $395,000 | $1,744 | 5.3% | 2.3% | -$1,367 | +0.6% |
| 97123Hillsboro | $517,000 | $2,263 | 5.3% | 2.6% | -$1,685 | -1.4% |
| 98685Vancouver | $586,000 | $2,558 | 5.2% | 2.5% | -$1,941 | -0.2% |
| 97206Portland | $463,000 | $2,001 | 5.2% | 2.3% | -$1,594 | +0.9% |
| 98606Brush Prairie | $831,000 | $3,599 | 5.2% | 2.5% | -$2,733 | n/a |
| 97048Rainier | $418,000 | $1,800* | 5.2% | 2.5% | -$1,392 | n/a |
| 98660Vancouver | $466,000 | $1,990 | 5.1% | 2.3% | -$1,613 | +1.1% |
| 97218Portland | $472,000 | $2,007 | 5.1% | 2.2% | -$1,667 | +3.9% |
| 97140Sherwood | $623,000 | $2,599 | 5.0% | 2.3% | -$2,154 | +1.8% |
| 97089Damascus | $672,000 | $2,780* | 5.0% | 2.3% | -$2,338 | n/a |
| 98605Bingen | $437,000 | $1,800* | 5.0% | 2.5% | -$1,432 | n/a |
| 97067Welches | $450,000 | $1,850* | 4.9% | 2.2% | -$1,602 | n/a |
| 97003Beaverton | $481,000 | $1,972 | 4.9% | 2.3% | -$1,689 | -3.8% |
| 97122Hebo | $395,000 | $1,620* | 4.9% | 2.4% | -$1,346 | n/a |
| 98684Vancouver | $483,000 | $1,978 | 4.9% | 2.1% | -$1,753 | +1.3% |
| 97133North Plains | $561,000 | $2,280* | 4.9% | 2.4% | -$1,909 | n/a |
| 97055Sandy | $516,000 | $2,065 | 4.8% | 2.1% | -$1,867 | +1.7% |
| 97132Newberg | $528,000 | $2,090 | 4.8% | 2.2% | -$1,885 | -0.4% |
| 98610Carson | $456,000 | $1,800* | 4.7% | 2.2% | -$1,616 | n/a |
| 97127Lafayette | $457,000 | $1,800* | 4.7% | 2.2% | -$1,630 | n/a |
| 97216Portland | $420,000 | $1,655 | 4.7% | 1.8% | -$1,625 | -1.1% |
| 97115Dundee | $575,000 | $2,260* | 4.7% | 2.2% | -$2,028 | n/a |
| 97051Saint Helens | $423,000 | $1,660 | 4.7% | 2.1% | -$1,542 | +3.7% |
| 97203Portland | $445,000 | $1,729 | 4.7% | 1.9% | -$1,677 | n/a |
| 98662Vancouver | $475,000 | $1,843 | 4.7% | 1.9% | -$1,794 | -0.5% |
| 97236Portland | $430,000 | $1,659 | 4.6% | 1.8% | -$1,676 | +3.0% |
| 97005Beaverton | $482,000 | $1,860 | 4.6% | 2.0% | -$1,803 | +0.7% |
| 97006Beaverton | $492,000 | $1,896 | 4.6% | 1.9% | -$1,862 | -1.1% |
| 97030Gresham | $433,000 | $1,664 | 4.6% | 1.9% | -$1,650 | +0.5% |
| 97023Estacada | $538,000 | $2,048 | 4.6% | 2.1% | -$1,960 | n/a |
| 97220Portland | $423,000 | $1,602 | 4.5% | 1.8% | -$1,662 | -2.7% |
| 97078Beaverton | $491,000 | $1,854 | 4.5% | 1.9% | -$1,876 | -0.6% |
| 97018Columbia City | $477,000 | $1,800* | 4.5% | 1.9% | -$1,796 | n/a |
| 97233Portland | $399,000 | $1,506 | 4.5% | 1.7% | -$1,588 | -2.7% |
| 98661Vancouver | $451,000 | $1,701 | 4.5% | 1.8% | -$1,743 | +0.7% |
| 97113Cornelius | $478,000 | $1,800* | 4.5% | 1.9% | -$1,798 | n/a |
| 97024Fairview | $471,000 | $1,765 | 4.5% | 1.8% | -$1,823 | -3.1% |
| 97201Portland | $429,000 | $1,608 | 4.5% | 1.3% | -$1,856 | +0.5% |
| 98639North Bonneville | $480,000 | $1,800* | 4.5% | 2.0% | -$1,801 | n/a |
| 98604Battle Ground | $603,000 | $2,247 | 4.5% | 2.0% | -$2,268 | +3.9% |
| 97011Brightwood | $508,000 | $1,890* | 4.5% | 2.0% | -$1,879 | n/a |
| 97060Troutdale | $478,000 | $1,770 | 4.4% | 1.7% | -$1,909 | +0.5% |
| 97211Portland | $561,000 | $2,048 | 4.4% | 1.9% | -$2,145 | +1.1% |
| 97114Dayton | $527,000 | $1,920* | 4.4% | 1.9% | -$1,996 | n/a |
| 97222Milwaukie | $493,000 | $1,797 | 4.4% | 1.6% | -$1,986 | +1.2% |
| 98663Vancouver | $471,000 | $1,713 | 4.4% | 1.7% | -$1,879 | +0.1% |
| 97038Molalla | $492,000 | $1,776 | 4.3% | 1.8% | -$1,902 | n/a |
| 97124Hillsboro | $532,000 | $1,919 | 4.3% | 1.8% | -$2,090 | -0.7% |
| 98665Vancouver | $495,000 | $1,786 | 4.3% | 1.7% | -$1,982 | -0.9% |
| 98642Ridgefield | $652,000 | $2,335 | 4.3% | 1.8% | -$2,529 | +2.9% |
| 98686Vancouver | $585,000 | $2,097 | 4.3% | 1.7% | -$2,306 | -0.7% |
| 97108Beaver | $457,000 | $1,620* | 4.3% | 1.9% | -$1,726 | n/a |
| 98664Vancouver | $468,000 | $1,631 | 4.2% | 1.5% | -$1,928 | +2.7% |
| 97128McMinnville | $480,000 | $1,669 | 4.2% | 1.6% | -$1,938 | +1.9% |
| 98682Vancouver | $495,000 | $1,715 | 4.2% | 1.5% | -$2,054 | +0.8% |
| 97111Carlton | $545,000 | $1,870* | 4.1% | 1.7% | -$2,148 | n/a |
| 97027Gladstone | $512,000 | $1,740 | 4.1% | 1.3% | -$2,194 | +3.4% |
| 97054Deer Island | $534,000 | $1,800* | 4.0% | 1.8% | -$2,101 | n/a |
| 97230Portland | $453,000 | $1,521 | 4.0% | 1.2% | -$1,990 | +0.5% |
| 97217Portland | $494,000 | $1,653 | 4.0% | 1.5% | -$2,043 | +0.3% |
| 97045Oregon City | $597,000 | $1,991 | 4.0% | 1.5% | -$2,478 | -1.8% |
| 98675Yacolt | $633,000 | $2,110* | 4.0% | 1.5% | -$2,615 | n/a |
| 97013Canby | $594,000 | $1,967 | 4.0% | 1.5% | -$2,478 | +1.3% |
| 97019Corbett | $654,000 | $2,170* | 4.0% | 1.7% | -$2,583 | n/a |
| 97116Forest Grove | $521,000 | $1,721 | 4.0% | 1.4% | -$2,189 | -0.5% |
| 97223Tigard | $586,000 | $1,918 | 3.9% | 1.4% | -$2,470 | +1.2% |
| 98683Vancouver | $556,000 | $1,816 | 3.9% | 1.3% | -$2,382 | +1.9% |
| 97056Scappoose | $483,000 | $1,573 | 3.9% | 1.4% | -$2,052 | n/a |
| 97239Portland | $594,000 | $1,928 | 3.9% | 0.9% | -$2,746 | -1.4% |
| 98648Stevenson | $554,000 | $1,800* | 3.9% | 1.5% | -$2,288 | n/a |
| 98671Washougal | $637,000 | $2,062 | 3.9% | 1.4% | -$2,714 | -1.8% |
| 97205Portland | $494,000 | $1,586 | 3.9% | 0.6% | -$2,431 | -1.0% |
| 97080Gresham | $514,000 | $1,648 | 3.9% | 1.2% | -$2,254 | -0.1% |
| 97007Beaverton | $588,000 | $1,880 | 3.8% | 1.2% | -$2,602 | -1.3% |
| 97008Beaverton | $557,000 | $1,779 | 3.8% | 1.1% | -$2,468 | +3.3% |
| 97068West Linn | $772,000 | $2,456 | 3.8% | 1.2% | -$3,404 | +2.7% |
| 97213Portland | $548,000 | $1,735 | 3.8% | 1.1% | -$2,431 | +0.3% |
| 97101Amity | $573,000 | $1,800* | 3.8% | 1.6% | -$2,328 | n/a |
| 97015Clackamas | $584,000 | $1,819 | 3.7% | 1.0% | -$2,652 | +0.3% |
| 97148Yamhill | $616,000 | $1,920* | 3.7% | 1.6% | -$2,497 | n/a |
| 97267Milwaukie | $543,000 | $1,689 | 3.7% | 1.2% | -$2,377 | +4.5% |
| 97219Portland | $631,000 | $1,942 | 3.7% | 0.9% | -$2,931 | +1.8% |
| 97224Tigard | $602,000 | $1,834 | 3.7% | 1.1% | -$2,705 | -0.2% |
| 97062Tualatin | $633,000 | $1,914 | 3.6% | 1.0% | -$2,862 | +4.1% |
| 97229Portland | $727,000 | $2,201 | 3.6% | 1.1% | -$3,249 | -0.5% |
| 98607Camas | $747,000 | $2,248 | 3.6% | 1.1% | -$3,358 | +1.7% |
| 97117Gales Creek | $606,000 | $1,800* | 3.6% | 1.3% | -$2,592 | n/a |
| 98629La Center | $663,000 | $1,970 | 3.6% | 1.1% | -$2,953 | n/a |
| 97106Banks | $628,000 | $1,850* | 3.5% | 1.1% | -$2,825 | n/a |
| 97070Wilsonville | $623,000 | $1,802 | 3.5% | 0.8% | -$2,923 | +0.8% |
| 97086Happy Valley | $679,000 | $1,955 | 3.5% | 0.8% | -$3,216 | -0.2% |
| 97212Portland | $789,000 | $2,267 | 3.5% | 0.9% | -$3,679 | +5.0% |
| 97035Lake Oswego | $742,000 | $2,088 | 3.4% | 0.9% | -$3,441 | -0.3% |
| 97053Warren | $639,000 | $1,800* | 3.4% | 1.2% | -$2,799 | n/a |
| 97028Welches | $675,000 | $1,890* | 3.4% | 0.9% | -$3,122 | n/a |
| 97042Mulino | $700,000 | $1,960* | 3.4% | 1.3% | -$3,038 | n/a |
| 97227Portland | $553,000 | $1,536 | 3.3% | 1.1% | -$2,458 | +1.0% |
| 97017Colton | $656,000 | $1,800* | 3.3% | 1.2% | -$2,858 | n/a |
| 97119Gaston | $656,000 | $1,800* | 3.3% | 1.2% | -$2,880 | n/a |
| 97022Eagle Creek | $663,000 | $1,800* | 3.3% | 1.2% | -$2,928 | n/a |
| 97009Boring | $723,000 | $1,940* | 3.2% | 1.0% | -$3,312 | n/a |
| 97215Portland | $650,000 | $1,726 | 3.2% | 0.6% | -$3,167 | -0.0% |
| 97202Portland | $628,000 | $1,660 | 3.2% | 0.6% | -$3,063 | -0.9% |
| 97004Beavercreek | $762,000 | $1,980* | 3.1% | 1.0% | -$3,475 | n/a |
| 98601Amboy | $698,000 | $1,800* | 3.1% | 0.7% | -$3,329 | n/a |
| 97221Portland | $755,000 | $1,936 | 3.1% | 0.4% | -$3,827 | +4.5% |
| 97231Portland | $704,000 | $1,800* | 3.1% | 0.7% | -$3,400 | n/a |
| 97034Lake Oswego | $1,131,000 | $2,833 | 3.0% | 0.6% | -$5,490 | +1.6% |
| 97214Portland | $677,000 | $1,682 | 3.0% | 0.5% | -$3,350 | +2.2% |
| 97225West Slope | $740,000 | $1,775 | 2.9% | 0.4% | -$3,712 | +2.5% |
| 97232Portland | $654,000 | $1,546 | 2.8% | 0.3% | -$3,368 | +2.0% |
| 97210Portland | $685,000 | $1,560 | 2.7% | 0.2% | -$3,578 | -0.3% |
| 98651Underwood | $834,000 | $1,800* | 2.6% | 0.4% | -$4,184 | n/a |
| 98650Trout Lake | $633,000 | $1,260* | 2.4% | 0.3% | -$3,242 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.4%
- Rent, 12 months
- +0.6%
- Rent minus price growth
- +1.0 pts
- Property tax
- 0.83%
- effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $511,188 | $1,600 |
| Aug 2022 | $565,765 | $1,747 |
| Aug 2023 | $544,726 | $1,742 |
| Aug 2024 | $548,924 | $1,786 |
| Aug 2025 | $544,819 | $1,807 |
| Aug 2026 | $542,843 | $1,818 |
Counties
- Washington County, OR4.0% median yield
- Clackamas County, OR3.9% median yield
- Columbia County, OR4.3% median yield
- Multnomah County, OR4.0% median yield
- Yamhill County, OR4.5% median yield
- Tillamook County, ORn/a median yield
- Clark County, WA4.3% median yield
- Skamania County, WAn/a median yield
- Klickitat County, WA4.9% median yield
Tools
Questions
- Is the Portland, OR metro good for rental property?
- The typical home here runs -$2,263 a month at 7.78% with 25% down. 0 of 79 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.2%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Portland, OR metro have the highest rental yield?
- 97209 (Portland) at 6.3%, 97266 (Portland) at 5.3%, 97123 (Hillsboro) at 5.3%, 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.