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ZIP Code · OR

ZIP 97005

Pop. 28,311·Washington County·31st most expensive ZIP in Oregon
Median rent (all units)
$1,864/mo
Year-over-Year
+8.9%
Month-over-Month
+0.5%
vs US Median
-$101
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 97005 · $1,864
More expensive than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,540
1 BR
$1,640
2 BR
$1,880
3 BR
$2,560
4 BR+
$3,040
Research median
$1,880/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
$22,368/yr
At $1,864/mo median
Location
StateOR
CountyWashington County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.9% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 97005 (Beaverton, OR) is majority renter-occupied, 36.4% of residents hold a bachelor's degree or higher.

Population
28,311
Median income
$78,239
Median age
37.2
Renters
60.8%
Age distribution
19.3%
27.4%
27.8%
14.1%
Under 1819.3%
18–3427.4%
35–5427.8%
55–6411.3%
65+14.1%
Gender
53%
47%
Male53%
Female47%
Race & ethnicity
55.3%
33.3%
White55.3%
Black2.9%
Hispanic33.3%
Asian7.6%
Other0.8%
Education (25+)
15.6%
18.5%
29.5%
36.4%
No HS diploma15.6%
HS diploma18.5%
Some college29.5%
Bachelor's+36.4%
Housing tenure
39.2%
60.8%
Owner39.2%
Renter60.8%

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

2021 vs 2026

How ZIP 97005 in Beaverton, OR has changed in 5 years

Rent
$1,406 → $1,864
up 32.6%
Income
$61,919 → $78,239
up 26.4%
Population
27,344 → 28,311
up 3.5%
Renter share
62.2% → 60.8%
-1.4 pts
Bachelor's+
33% → 36.4%
+3.4 pts
Median age
35.7 → 37.2
+1.5 yrs

Since 2021, the typical rent in ZIP 97005 in Beaverton, OR has increased from $1,406 to $1,864, a 32.6% change over five years. Median household income rose from $61,919 to $78,239 between 2021 and 2024, a 26.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.5% since 2021, moving from about 27,344 residents to roughly 28,311. College-educated residents now make up 36.4% of adults here, versus 33% in 2021. Taken together, the five-year picture in ZIP 97005 in Beaverton, OR reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 97005

Last updated: July 20, 2026

ZIP code 97005 covers Beaverton, OR. The median rent here is $1,864/mo as of July 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $1,880/mo.

At 29% of local median household income ($78,239/yr), ZIP 97005 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97005?

As of July 20, 2026, the median monthly rent in ZIP 97005 (Beaverton, OR) is $1,864. This is based on aggregated data from public sources and community submissions.

How does ZIP 97005 rent compare to the US average?

ZIP 97005's median rent of $1,864/mo is $101 (5%) below the US national median of $1,965/mo.

How does ZIP 97005 compare to other ZIPs in Oregon?

ZIP 97005 is one of the pricier ZIP codes in Oregon, ranking #31 out of 116 ZIPs tracked at $1,864/mo.

How much income do you need to rent in ZIP 97005?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,864/mo in ZIP 97005. The local median household income is $78,239/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97005?

Rent in ZIP 97005 has increased 8.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97005 an affordable place to rent?

ZIP 97005 is considered affordable for renters. At $1,864/mo, rent takes approximately 29% of the local median household income ($78,239/yr). The standard benchmark is 30%. ZIP 97005 falls comfortably within that range.

What percentage of ZIP 97005 residents rent vs. own?

According to Census data, approximately 60.8% of ZIP 97005 households are renters, while 39.2% are owner-occupied. With a majority renter population, ZIP 97005 has a strong rental market.

How does ZIP 97005 compare to the rest of Beaverton?

ZIP 97005 is more affordable than Beaverton overall. At $1,864/mo, it's $7 below the Beaverton citywide median of $1,871/mo.

When was rent data for ZIP 97005 last updated?

Rent data for ZIP 97005 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,864/mo, rent takes ~29% of ZIP 97005's median household income ($78,239/yr). The standard benchmark is 30%.

ZIP 97005 29%Benchmark 30%
State income tax4.75–9.9%
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Public schools near ZIP 97005 (Beaverton, OR)

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