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ZIP Code · OR

ZIP 97027

Pop. 12,347·Clackamas County·63rd most expensive ZIP in Oregon
Median rent (all units)
$1,734/mo
Year-over-Year
-5.4%
Month-over-Month
+2.1%
vs US Median
-$231
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97027 · $1,734
More affordable than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,730
2 BR
$1,980
3 BR
$2,700
4 BR+
$3,200
Research median
$1,980/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
$20,808/yr
At $1,734/mo median
Location
StateOR
CountyClackamas 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 (-5.4% YoY, +2.1% MoM), not inventory.
Demographics

Who lives here

ZIP 97027 (Gladstone, OR) is majority owner-occupied, has a median income above the national average, 26.9% of residents hold a bachelor's degree or higher.

Population
12,347
Median income
$94,375
Median age
44.8
Renters
35%
Age distribution
16.8%
21.4%
26.2%
16.8%
18.8%
Under 1816.8%
18–3421.4%
35–5426.2%
55–6416.8%
65+18.8%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
79.8%
White79.8%
Black1.3%
Hispanic9.6%
Asian1.4%
Other7.9%
Education (25+)
24.7%
40.5%
26.9%
No HS diploma7.9%
HS diploma24.7%
Some college40.5%
Bachelor's+26.9%
Housing tenure
65%
35%
Owner65%
Renter35%

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

2021 vs 2026

How ZIP 97027 in Gladstone, OR has changed in 5 years

Income
$86,013 → $94,375
up 9.7%
Population
12,509 → 12,347
down 1.3%
Renter share
36.2% → 35%
-1.2 pts
Bachelor's+
26.8% → 26.9%
+0.1 pts
Median age
39.9 → 44.8
+4.9 yrs

Census figures show median household income at $94,375 today, compared with $86,013 five years earlier. Headcount in the area went from 12,509 to 12,347 between 2021 and 2024, a 1.3% change.

Community

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Local insights

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About renting in ZIP 97027

Last updated: July 20, 2026

ZIP code 97027 covers Gladstone, OR. The median rent here is $1,734/mo as of July 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $1,980/mo.

At 22% of local median household income ($94,375/yr), ZIP 97027 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97027?

As of July 20, 2026, the median monthly rent in ZIP 97027 (Gladstone, OR) is $1,734. This is based on aggregated data from public sources and community submissions.

How does ZIP 97027 rent compare to the US average?

ZIP 97027's median rent of $1,734/mo is $231 (12%) below the US national median of $1,965/mo.

How does ZIP 97027 compare to other ZIPs in Oregon?

ZIP 97027 falls in the middle range for Oregon, ranking #63 out of 116 ZIPs at $1,734/mo.

How much income do you need to rent in ZIP 97027?

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 $1,734/mo in ZIP 97027. The local median household income is $94,375/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97027?

Rent in ZIP 97027 has decreased 5.4% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97027 an affordable place to rent?

ZIP 97027 is considered very affordable for renters. At $1,734/mo, rent takes approximately 22% of the local median household income ($94,375/yr). The standard benchmark is 30%. ZIP 97027 falls comfortably within that range.

What percentage of ZIP 97027 residents rent vs. own?

According to Census data, approximately 35% of ZIP 97027 households are renters, while 65% are owner-occupied. ZIP 97027 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97027 compare to the rest of Gladstone?

ZIP 97027 is more affordable than Gladstone overall. At $1,734/mo, it's $13 below the Gladstone citywide median of $1,747/mo.

When was rent data for ZIP 97027 last updated?

Rent data for ZIP 97027 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,734/mo, rent takes ~22% of ZIP 97027's median household income ($94,375/yr). The standard benchmark is 30%.

ZIP 97027 22%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97027 (Gladstone, OR)

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