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ZIP Code · OR

ZIP 97045

Pop. 57,526·Clackamas County·26th most expensive ZIP in Oregon
Median rent (all units)
$1,950/mo
Year-over-Year
-2.2%
Month-over-Month
+2.4%
vs US Median
-$15
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97045 · $1,950
More expensive than 58% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,690
2 BR
$1,940
3 BR
$2,640
4 BR+
$3,140
Research median
$1,940/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
$23,400/yr
At $1,950/mo median
Location
StateOR
CountyClackamas County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-2.2% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 97045 (Oregon City, OR) is majority owner-occupied, has a median income above the national average, 33.3% of residents hold a bachelor's degree or higher.

Population
57,526
Median income
$103,573
Median age
40.3
Renters
25.2%
Age distribution
20.9%
21.5%
27%
12.3%
18.3%
Under 1820.9%
18–3421.5%
35–5427%
55–6412.3%
65+18.3%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
85.2%
White85.2%
Black0.9%
Hispanic7.9%
Asian1.7%
Other4.3%
Education (25+)
25.7%
35.5%
33.3%
No HS diploma5.6%
HS diploma25.7%
Some college35.5%
Bachelor's+33.3%
Housing tenure
74.8%
25.2%
Owner74.8%
Renter25.2%

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

2021 vs 2026

How ZIP 97045 in Oregon City, OR has changed in 5 years

Rent
$1,623 → $1,950
up 20.1%
Income
$87,783 → $103,573
up 18.0%
Population
56,672 → 57,526
up 1.5%
Renter share
25.2% → 25.2%
+0.0 pts
Bachelor's+
31.9% → 33.3%
+1.4 pts

Across the past five years, the going rent in ZIP 97045 in Oregon City, OR has shifted from $1,623 to $1,950, up 20.1% since 2021. Median household income climbed from $87,783 to $103,573 between 2021 and 2024, a 18.0% shift. Census counts show ZIP 97045 in Oregon City, OR adding about 854 residents over the five-year window, up 1.5% on net. Taken together, the five-year picture in ZIP 97045 in Oregon City, 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

Tips for renters in ZIP 97045

About renting in ZIP 97045

Last updated: July 20, 2026

ZIP code 97045 covers Oregon City, OR. The median rent here is $1,950/mo as of July 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $1,940/mo.

At 23% of local median household income ($103,573/yr), ZIP 97045 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97045?

As of July 20, 2026, the median monthly rent in ZIP 97045 (Oregon City, OR) is $1,950. This is based on aggregated data from public sources and community submissions.

How does ZIP 97045 rent compare to the US average?

ZIP 97045's median rent of $1,950/mo is $15 (1%) below the US national median of $1,965/mo.

How does ZIP 97045 compare to other ZIPs in Oregon?

ZIP 97045 is one of the pricier ZIP codes in Oregon, ranking #26 out of 116 ZIPs tracked at $1,950/mo.

How much income do you need to rent in ZIP 97045?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,950/mo in ZIP 97045. The local median household income is $103,573/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97045?

Rent in ZIP 97045 has decreased 2.2% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97045 an affordable place to rent?

ZIP 97045 is considered very affordable for renters. At $1,950/mo, rent takes approximately 23% of the local median household income ($103,573/yr). The standard benchmark is 30%. ZIP 97045 falls comfortably within that range.

What percentage of ZIP 97045 residents rent vs. own?

According to Census data, approximately 25.2% of ZIP 97045 households are renters, while 74.8% are owner-occupied. ZIP 97045 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97045 compare to the rest of Oregon City?

ZIP 97045 sits right at the Oregon City citywide median of $1,950/mo.

When was rent data for ZIP 97045 last updated?

Rent data for ZIP 97045 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,950/mo, rent takes ~23% of ZIP 97045's median household income ($103,573/yr). The standard benchmark is 30%.

ZIP 97045 23%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97045 (Oregon City, OR)

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