Rental numbers for Oregon
0 of 127 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 4.4%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 4.4%
- 127 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $496,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,775/mo
- median across 127 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| Morrow County | $312,000 | $1,969 | 7.6% | 4.4% | -$532 | n/a |
| Coos County | $350,000 | $1,786 | 6.1% | 3.3% | -$911 | +2.8% |
| Umatilla County | $315,000 | $1,497 | 5.7% | 2.7% | -$987 | +0.5% |
| Wasco County | $400,000 | $1,768 | 5.3% | 2.6% | -$1,299 | +4.1% |
| Lincoln County | $470,000 | $2,023 | 5.2% | 2.5% | -$1,574 | +6.7% |
| Josephine County | $390,000 | $1,677 | 5.1% | 2.7% | -$1,232 | +4.3% |
| Douglas County | $344,000 | $1,447 | 5.1% | 2.5% | -$1,152 | +2.4% |
| Jackson County | $436,000 | $1,838 | 5.1% | 2.4% | -$1,477 | +4.5% |
| Klamath County | $309,000 | $1,272 | 5.0% | 2.3% | -$1,070 | +1.7% |
| Linn County | $409,000 | $1,628 | 4.8% | 2.0% | -$1,521 | +1.2% |
| Lane County | $455,000 | $1,766 | 4.7% | 2.0% | -$1,702 | +2.3% |
| Yamhill County | $501,000 | $1,937 | 4.6% | 2.1% | -$1,829 | -0.1% |
| Hood River County | $689,000 | $2,654 | 4.6% | 2.3% | -$2,375 | +39.0% |
| Columbia County | $448,000 | $1,684 | 4.5% | 1.9% | -$1,691 | +6.7% |
| Polk County | $480,000 | $1,753 | 4.4% | 1.8% | -$1,876 | +0.5% |
| Marion County | $442,000 | $1,594 | 4.3% | 1.7% | -$1,765 | +0.3% |
| Crook County | $475,000 | $1,691 | 4.3% | 1.8% | -$1,831 | +1.6% |
| Jefferson County | $429,000 | $1,526 | 4.3% | 1.8% | -$1,685 | n/a |
| Union County | $336,000 | $1,166 | 4.2% | 1.5% | -$1,402 | +5.3% |
| Washington County | $559,000 | $1,916 | 4.1% | 1.5% | -$2,294 | -0.3% |
| Multnomah County | $500,000 | $1,694 | 4.1% | 1.4% | -$2,128 | +0.7% |
| Deschutes County | $664,000 | $2,223 | 4.0% | 1.8% | -$2,612 | +3.6% |
| Clackamas County | $613,000 | $1,948 | 3.8% | 1.3% | -$2,642 | +0.9% |
| Benton County | $557,000 | $1,767 | 3.8% | 1.2% | -$2,463 | +2.1% |
| Clatsop County | $517,000 | $1,618 | 3.8% | 1.4% | -$2,200 | +1.0% |
| Baker County | $302,000 | not published | n/a | n/a | n/a | n/a |
| Curry County | $451,000 | not published | n/a | n/a | n/a | n/a |
| Gilliam County | $249,000 | not published | n/a | n/a | n/a | n/a |
| Grant County | $288,000 | not published | n/a | n/a | n/a | n/a |
| Harney County | $221,000 | not published | n/a | n/a | n/a | n/a |
| Lake County | $196,000 | not published | n/a | n/a | n/a | n/a |
| Malheur County | $312,000 | not published | n/a | n/a | n/a | n/a |
| Sherman County | $290,000 | not published | n/a | n/a | n/a | n/a |
| Tillamook County | $509,000 | not published | n/a | n/a | n/a | n/a |
| Wallowa County | $438,000 | not published | n/a | n/a | n/a | n/a |
| Wheeler County | $319,000 | not published | n/a | n/a | n/a | n/a |
Highest-yield ZIP codes in Oregon
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 97818Boardman | $339,000 | $2,035 | 7.2% | -$634 |
| 97882Umatilla | $296,000 | $1,588 | 6.4% | -$754 |
| 97209Portland | $338,000 | $1,786 | 6.3% | -$1,061 |
| 97487Veneta | $440,000 | $2,300 | 6.3% | -$1,122 |
| 97739La Pine | $403,000 | $2,066 | 6.2% | -$967 |
| 97420Coos Bay | $327,000 | $1,668 | 6.1% | -$869 |
| 97459North Bend | $361,000 | $1,808 | 6.0% | -$973 |
| 97838Hermiston | $347,000 | $1,708 | 5.9% | -$1,059 |
| 97471Roseburg | $387,000 | $1,872 | 5.8% | -$1,084 |
| 97801Pendleton | $300,000 | $1,422 | 5.7% | -$969 |
Trends
Five years to August 2026
- Price, 12 months
- -0.1%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.81%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $460,636 |
| Aug 2022 | $510,702 |
| Aug 2023 | $494,483 |
| Aug 2024 | $498,214 |
| Aug 2025 | $496,375 |
| Aug 2026 | $496,113 |
Costs that vary by state
- Effective property tax
- 0.81%
- Census ACS 2024
- Landlord insurance default
- $1,204/yr
- NAIC HO-3 $1,003 x 1.2
- Permits per 1,000 households
- 8.8
- last 12 months
- Median typical price
- $492,000
- tier A ZIPs
Metros
Questions
- Is Oregon good for rental property?
- 0 of 127 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 4.4%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in Oregon?
- About 0.81% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in Oregon?
- NAIC's 2023 average homeowners (HO-3) premium in Oregon was $1,003. Landlord policies usually cost more, so this site assumes $1,204 a year. Quotes depend on the property, coverage and claims history.
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.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
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.