ZIP Code · OR

ZIP 97055

Part of Sandy, OR

Pop. 19,786·Clackamas County·43rd most expensive ZIP in Oregon

Median rent (all units)

$1,858/mo

Year-over-Year

-2.5%

Month-over-Month

-1.8%

vs US Median

-$74

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 97055 · $1,858

More expensive than 53% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,530

1 BR

$1,630

2 BR

$1,870

3 BR

$2,550

4 BR+

$3,020

Research median

$1,870/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

Past year vs. the rest of Oregon

Rent in ZIP 97055 changed -2.5% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent has fallen 3 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($112,323) is $2,808 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,550); a 4-bedroom is $3,020.

From Zillow's monthly rent index (ZORI) for ZIP 97055. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,296/yr

At $1,858/mo median

Location

CitySandy

StateOR

CountyClackamas County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 2.5% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-2.5% YoY, -1.8% MoM), not inventory.

Demographics

Who lives here

ZIP 97055 (Sandy, OR) is majority owner-occupied, has a median income above the national average, 31.2% of residents hold a bachelor's degree or higher.

Population

19,786

Median income

$112,323

Median age

38.9

Renters

21.2%

Age distribution

21.9%

24.2%

26.5%

12.7%

14.7%

Under 1821.9%

18–3424.2%

35–5426.5%

55–6412.7%

65+14.7%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

86%

White86%

Hispanic5.1%

Asian1%

Other7.9%

Education (25+)

21.6%

42%

31.2%

No HS diploma5.2%

HS diploma21.6%

Some college42%

Bachelor's+31.2%

Housing tenure

78.8%

21.2%

Owner78.8%

Renter21.2%

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

2021 vs 2026

How ZIP 97055 in Sandy, OR has changed in 5 years

Income

$89,743 → $112,323

up 25.2%

Population

19,030 → 19,786

up 4.0%

Renter share

19.2% → 21.2%

+2.0 pts

Bachelor's+

22.3% → 31.2%

+8.9 pts

Median age

37.6 → 38.9

+1.3 yrs

On the earnings side, the typical household in ZIP 97055 in Sandy, OR now reports about $112,323, up from $89,743 in 2021. Headcount in the area went from 19,030 to 19,786 between 2021 and 2024, a 4.0% change. About 21.2% of households rent today, against 19.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 22.3% to 31.2%.

Community

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Local insights

Tips for renters in ZIP 97055

About renting in ZIP 97055

Last updated: October 17, 2026

ZIP code 97055 covers Sandy, OR. The median rent here is $1,858/mo as of October 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,870/mo.

At 20% of local median household income ($112,323/yr), ZIP 97055 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97055?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,858/mo in ZIP 97055. The local median household income is $112,323/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97055?

Rent in ZIP 97055 has fallen 2.5% over the past year.

How does ZIP 97055 compare to other ZIPs in Oregon?

ZIP 97055 is in the middle among Oregon ZIP codes for rent, ranking #43 of 114 at $1,858/mo. Over the year to September 2026, rent in ZIP 97055 changed -2.5%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.