RentDataNowRentDataNow
ZIP Code · OR

ZIP 97024

Part of Fairview, OR
Pop. 12,007·Multnomah County·68th most expensive ZIP in Oregon
Median rent (all units)
$1,721/mo
Year-over-Year
-4.8%
Month-over-Month
+1.5%
vs US Median
-$244
Rising (Monthly)
Be the first to discuss 97024 rents ↓
Most AffordableMost Expensive
ZIP 97024 · $1,721
More affordable than 57% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,580
2 BR
$1,800
3 BR
$2,470
4 BR+
$2,910
Research median
$1,800/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$20,652/yr
At $1,721/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-4.8% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 97024 (Fairview, OR) is roughly split between renters and owners, 23.7% of residents hold a bachelor's degree or higher.

Population
12,007
Median income
$69,679
Median age
37.6
Renters
53.9%
Age distribution
18%
28.4%
22.5%
15.6%
15.5%
Under 1818%
18–3428.4%
35–5422.5%
55–6415.6%
65+15.5%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
51.1%
26.3%
White51.1%
Black10.9%
Hispanic26.3%
Asian1.5%
Other10.3%
Education (25+)
12.9%
27.7%
35.6%
23.7%
No HS diploma12.9%
HS diploma27.7%
Some college35.6%
Bachelor's+23.7%
Housing tenure
46.1%
53.9%
Owner46.1%
Renter53.9%

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

2021 vs 2026

How ZIP 97024 in Fairview, OR has changed in 5 years

Income
$64,287 → $69,679
up 8.4%
Population
11,195 → 12,007
up 7.3%
Renter share
45.1% → 53.9%
+8.8 pts
Bachelor's+
21.5% → 23.7%
+2.2 pts
Median age
39.2 → 37.6
-1.6 yrs

Median household income rose from $64,287 to $69,679 between 2021 and 2024, a 8.4% shift. The population has grown by 7.3% since 2021, moving from about 11,195 residents to roughly 12,007. Renters now make up 53.9% of households, compared with 45.1% five years ago. College-educated residents now make up 23.7% of adults here, versus 21.5% in 2021.

Community

Discussions about ZIP 97024

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 97024

About renting in ZIP 97024

Last updated: July 20, 2026

ZIP code 97024 covers Fairview, OR. The median rent here is $1,721/mo as of July 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,800/mo.

At 30% of local median household income ($69,679/yr), ZIP 97024 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97024?

As of July 20, 2026, the median monthly rent in ZIP 97024 (Fairview, OR) is $1,721. This is based on aggregated data from public sources and community submissions.

How does ZIP 97024 rent compare to the US average?

ZIP 97024's median rent of $1,721/mo is $244 (12%) below the US national median of $1,965/mo.

How does ZIP 97024 compare to other ZIPs in Oregon?

ZIP 97024 falls in the middle range for Oregon, ranking #68 out of 116 ZIPs at $1,721/mo.

How much income do you need to rent in ZIP 97024?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,721/mo in ZIP 97024. The local median household income is $69,679/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97024?

Rent in ZIP 97024 has decreased 4.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97024 an affordable place to rent?

ZIP 97024 is considered moderate for renters. At $1,721/mo, rent takes approximately 30% of the local median household income ($69,679/yr). The standard benchmark is 30%. ZIP 97024 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 97024 residents rent vs. own?

According to Census data, approximately 53.9% of ZIP 97024 households are renters, while 46.1% are owner-occupied. With a majority renter population, ZIP 97024 has a strong rental market.

How does ZIP 97024 compare to the rest of Fairview?

ZIP 97024 is more affordable than Fairview overall. At $1,721/mo, it's $12 below the Fairview citywide median of $1,733/mo.

When was rent data for ZIP 97024 last updated?

Rent data for ZIP 97024 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,721/mo, rent takes ~30% of ZIP 97024's median household income ($69,679/yr). The standard benchmark is 30%.

ZIP 97024 30%Benchmark 30%
State income tax4.75–9.9%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 97024 (Fairview, OR)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.