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ZIP Code · OR

ZIP 97003

Pop. 27,811·Washington County·17th most expensive ZIP in Oregon
Median rent (all units)
$2,061/mo
Year-over-Year
+7.8%
Month-over-Month
+0.6%
vs US Median
+$96
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97003 · $2,061
More expensive than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,890
2 BR
$2,170
3 BR
$2,960
4 BR+
$3,510
Research median
$2,170/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,732/yr
At $2,061/mo median
Location
StateOR
CountyWashington County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.8% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 97003 (Beaverton, OR) is majority owner-occupied, has a median income above the national average, 37.8% of residents hold a bachelor's degree or higher.

Population
27,811
Median income
$99,072
Median age
35.3
Renters
43.9%
Age distribution
19.6%
29.9%
27.3%
13.4%
Under 1819.6%
18–3429.9%
35–5427.3%
55–649.8%
65+13.4%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
55.5%
18.3%
15.6%
White55.5%
Black3.5%
Hispanic18.3%
Asian15.6%
Other7.2%
Education (25+)
21.2%
32.3%
37.8%
No HS diploma8.6%
HS diploma21.2%
Some college32.3%
Bachelor's+37.8%
Housing tenure
56.1%
43.9%
Owner56.1%
Renter43.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 97003 in Beaverton, OR has changed in 5 years

Rent
$1,501 → $2,061
up 37.3%
Income
$84,692 → $99,072
up 17.0%
Population
28,411 → 27,811
down 2.1%
Renter share
43% → 43.9%
+0.9 pts
Bachelor's+
35% → 37.8%
+2.8 pts
Median age
34.6 → 35.3
+0.7 yrs

Compared with 2021, rent in ZIP 97003 in Beaverton, OR has increased by $560 per month, settling near $2,061 after starting the period at $1,501. Household income in the area moved from $84,692 to $99,072 across the same window, up 17.0% versus 2021. Rent outpaced income growth by roughly 20.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 28,411 to 27,811 between 2021 and 2024, a 2.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35% to 37.8%. Reading these numbers side by side helps frame whether current listings in ZIP 97003 in Beaverton, OR look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 97003

Last updated: July 20, 2026

ZIP code 97003 covers Beaverton, OR. The median rent here is $2,061/mo as of July 2026. A 1-bedroom rents for a median of $1,890/mo. A 2-bedroom rents for a median of $2,170/mo.

At 25% of local median household income ($99,072/yr), ZIP 97003 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97003?

As of July 20, 2026, the median monthly rent in ZIP 97003 (Beaverton, OR) is $2,061. This is based on aggregated data from public sources and community submissions.

How does ZIP 97003 rent compare to the US average?

ZIP 97003's median rent of $2,061/mo is $96 (5%) above the US national median of $1,965/mo.

How does ZIP 97003 compare to other ZIPs in Oregon?

ZIP 97003 is one of the pricier ZIP codes in Oregon, ranking #17 out of 116 ZIPs tracked at $2,061/mo.

How much income do you need to rent in ZIP 97003?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,061/mo in ZIP 97003. The local median household income is $99,072/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97003?

Rent in ZIP 97003 has increased 7.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97003 an affordable place to rent?

ZIP 97003 is considered affordable for renters. At $2,061/mo, rent takes approximately 25% of the local median household income ($99,072/yr). The standard benchmark is 30%. ZIP 97003 falls comfortably within that range.

What percentage of ZIP 97003 residents rent vs. own?

According to Census data, approximately 43.9% of ZIP 97003 households are renters, while 56.1% are owner-occupied. ZIP 97003 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97003 compare to the rest of Beaverton?

ZIP 97003 is pricier than Beaverton as a whole. At $2,061/mo, it's $190 above the Beaverton citywide median of $1,871/mo.

When was rent data for ZIP 97003 last updated?

Rent data for ZIP 97003 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,061/mo, rent takes ~25% of ZIP 97003's median household income ($99,072/yr). The standard benchmark is 30%.

ZIP 97003 25%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97003 (Beaverton, OR)

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