ZIP Code · OR

ZIP 97030

Part of Gresham, OR

Pop. 37,708·Multnomah County·81st most expensive ZIP in Oregon

Median rent (all units)

$1,650/mo

Year-over-Year

+0.9%

Month-over-Month

Stable

vs US Median

-$282

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 97030 · $1,650

More affordable than 62% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,580

1 BR

$1,680

2 BR

$1,930

3 BR

$2,630

4 BR+

$3,120

Research median

$1,930/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 97030 usually run 0.8% below trend in January and 0.8% above it in October, about $26 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 97030 is 0.6% below its high of $1,660 in September 2024, at $1,650 as of September 2026.

Past year vs. the rest of Oregon

Rent in ZIP 97030 changed +0.9% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 97030 rose 28.4% while median household income rose 36.6% ($50,680 to $69,239). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 97030 is 24.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($69,239) is $1,731 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,680); a 2-bedroom is $1,930.

From Zillow's monthly rent index (ZORI) for ZIP 97030. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,800/yr

At $1,650/mo median

Location

CityGresham

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 (+0.9% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 97030 (Gresham, OR) is roughly split between renters and owners, 22.3% of residents hold a bachelor's degree or higher.

Population

37,708

Median income

$69,239

Median age

35.8

Renters

54.5%

Age distribution

21.7%

26.6%

24.1%

16.4%

Under 1821.7%

18–3426.6%

35–5424.1%

55–6411.2%

65+16.4%

Gender

48.8%

51.2%

Male48.8%

Female51.2%

Race & ethnicity

67.3%

19.9%

White67.3%

Black4.3%

Hispanic19.9%

Asian4%

Other4.4%

Education (25+)

28.4%

39.4%

22.3%

No HS diploma9.9%

HS diploma28.4%

Some college39.4%

Bachelor's+22.3%

Housing tenure

45.5%

54.5%

Owner45.5%

Renter54.5%

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

2021 vs 2026

How ZIP 97030 in Gresham, OR has changed in 5 years

Rent

$1,387 → $1,650

up 19.0%

Income

$54,952 → $69,239

up 26.0%

Population

39,757 → 37,708

down 5.2%

Renter share

56.1% → 54.5%

-1.6 pts

Bachelor's+

22.7% → 22.3%

-0.4 pts

Median age

36.3 → 35.8

-0.5 yrs

Rent in ZIP 97030 in Gresham, OR has climbed 19.0% since 2021, going from about $1,387 per month to roughly $1,650 today. Local incomes tracked alongside that move, going from a median of $54,952 in 2021 to $69,239 more recently. Income growth outran rent by about 7.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 39,757 to 37,708 between 2021 and 2024, a 5.2% change. About 54.5% of households rent today, against 56.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 97030 in Gresham, OR market of 2021.

Community

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About renting in ZIP 97030

Last updated: October 17, 2026

ZIP code 97030 covers Gresham, OR. The median rent here is $1,650/mo as of October 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $1,930/mo.

At 29% of local median household income ($69,239/yr), ZIP 97030 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97030?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,650/mo in ZIP 97030. The local median household income is $69,239/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97030?

Rent in ZIP 97030 has risen 0.9% over the past year as of September 2026. It sits 0.6% below its high of $1,660 in September 2024.

When is the cheapest time to rent in ZIP 97030?

Asking rents in ZIP 97030 are usually lowest in January, about 0.8% below their yearly trend, and highest in October, about 0.8% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 97030?

No. From 2019 to 2024, rent in ZIP 97030 rose 28.4% while median household income rose 36.6%, from $50,680 to $69,239. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 97030 compare to other ZIPs in Oregon?

ZIP 97030 is one of the more affordable among Oregon ZIP codes for rent, ranking #81 of 114 at $1,650/mo. Over the year to September 2026, rent in ZIP 97030 changed +0.9%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.