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ZIP Code · OR

ZIP 97031

Pop. 19,138·Hood River County·1st most expensive ZIP in Oregon
Median rent (all units)
$3,264/mo
Year-over-Year
Stable
Month-over-Month
+7.8%
vs US Median
+$1,313
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97031 · $3,264
More expensive than 93% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,460
2 BR
$1,920
3 BR
$2,670
4 BR+
$3,220
Research median
$1,920/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: June 22, 2026

Annual cost
$39,168/yr
At $3,264/mo median
Location
StateOR
CountyHood River County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +7.8% MoM), not inventory.
Demographics

Who lives here

ZIP 97031 (Hood River, OR) is majority owner-occupied, has a median income above the national average, 44.2% of residents hold a bachelor's degree or higher.

Population
19,138
Median income
$91,858
Median age
38.9
Renters
32%
Age distribution
23%
21.1%
26%
13.1%
16.7%
Under 1823%
18–3421.1%
35–5426%
55–6413.1%
65+16.7%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
67%
30.4%
White67%
Black1.2%
Hispanic30.4%
Asian0.6%
Other0.8%
Education (25+)
12.5%
17.1%
26.2%
44.2%
No HS diploma12.5%
HS diploma17.1%
Some college26.2%
Bachelor's+44.2%
Housing tenure
68%
32%
Owner68%
Renter32%

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

2021 vs 2026

How ZIP 97031 in Hood River, OR has changed in 5 years

Income
$81,530 → $91,858
up 12.7%
Population
19,464 → 19,138
down 1.7%
Renter share
32.1% → 32%
-0.1 pts
Bachelor's+
41.8% → 44.2%
+2.4 pts
Median age
38.4 → 38.9
+0.5 yrs

Median household income rose from $81,530 to $91,858 between 2021 and 2024, a 12.7% shift. The population has contracted by 1.7% since 2021, moving from about 19,464 residents to roughly 19,138. College-educated residents now make up 44.2% of adults here, versus 41.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 97031

About renting in ZIP 97031

Last updated: June 22, 2026

ZIP code 97031 covers Hood River, OR. The median rent here is $3,264/mo as of June 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,920/mo.

At 43% of local median household income ($91,858/yr), ZIP 97031 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97031?

As of June 22, 2026, the median monthly rent in ZIP 97031 (Hood River, OR) is $3,264. This is based on aggregated data from public sources and community submissions.

How does ZIP 97031 rent compare to the US average?

ZIP 97031's median rent of $3,264/mo is $1,313 (67%) above the US national median of $1,951/mo.

How does ZIP 97031 compare to other ZIPs in Oregon?

ZIP 97031 is one of the pricier ZIP codes in Oregon, ranking #1 out of 115 ZIPs tracked at $3,264/mo.

How much income do you need to rent in ZIP 97031?

To keep rent at or below 30% of gross income, you would need to earn at least $131,000/year (~$63/hour full-time) to afford the median rent of $3,264/mo in ZIP 97031. The local median household income is $91,858/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 97031?

Rent in ZIP 97031 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 97031 an affordable place to rent?

ZIP 97031 is considered stretched for renters. At $3,264/mo, rent takes approximately 43% of the local median household income ($91,858/yr). The standard benchmark is 30%. ZIP 97031 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 97031 residents rent vs. own?

According to Census data, approximately 32% of ZIP 97031 households are renters, while 68% are owner-occupied. ZIP 97031 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97031 compare to the rest of Hood River?

ZIP 97031 sits right at the Hood River citywide median of $3,264/mo.

When was rent data for ZIP 97031 last updated?

Rent data for ZIP 97031 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $3,264/mo, rent takes ~43% of ZIP 97031's median household income ($91,858/yr). The standard benchmark is 30%.

ZIP 97031 43%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97031 (Hood River, OR)

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