ZIP Code · OR

ZIP 97060

Pop. 21,649·Multnomah County·65th most expensive ZIP in Oregon
Median rent (all units)
$1,754/mo
Year-over-Year
+3.5%
Month-over-Month
+0.9%
vs US Median
-$178
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97060 · $1,754
More affordable than 54% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,580
2 BR
$1,800
3 BR
$2,470
4 BR+
$2,900
Research median
$1,800/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 97060 changed +3.5% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($88,279) is $2,207 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,800); a 3-bedroom is $2,470.

Cheaper nearby

ZIP 97233, 7 miles away, rents for 15% less ($1,487/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 97060. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,048/yr
At $1,754/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.5% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 97060 (Troutdale, OR) is majority owner-occupied, has a large share of families with children, 26.5% of residents hold a bachelor's degree or higher.

Population
21,649
Median income
$88,279
Median age
37.8
Renters
31.9%
Age distribution
25.8%
20.7%
28%
14.9%
Under 1825.8%
18–3420.7%
35–5428%
55–6410.6%
65+14.9%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
71.6%
19.7%
White71.6%
Black1.7%
Hispanic19.7%
Asian4.7%
Other2.4%
Education (25+)
12.5%
24.1%
36.9%
26.5%
No HS diploma12.5%
HS diploma24.1%
Some college36.9%
Bachelor's+26.5%
Housing tenure
68.1%
31.9%
Owner68.1%
Renter31.9%

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

2021 vs 2026

How ZIP 97060 in Troutdale, OR has changed in 5 years

Income
$80,538 → $88,279
up 9.6%
Population
21,882 → 21,649
down 1.1%
Renter share
29.6% → 31.9%
+2.3 pts
Bachelor's+
24.6% → 26.5%
+1.9 pts
Median age
33.7 → 37.8
+4.1 yrs

Household income in the area moved from $80,538 to $88,279 across the same window, up 9.6% versus 2021. Census counts show ZIP 97060 in Troutdale, OR losing about 233 residents over the five-year window, down 1.1% on net. The renter share has risen from 29.6% to 31.9%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 97060

Last updated: October 17, 2026

ZIP code 97060 covers Troutdale, OR. The median rent here is $1,754/mo as of October 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,800/mo.

At 24% of local median household income ($88,279/yr), ZIP 97060 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97060?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,754/mo in ZIP 97060. The local median household income is $88,279/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97060?

Rent in ZIP 97060 has risen 3.5% over the past year.

How does ZIP 97060 compare to other ZIPs in Oregon?

ZIP 97060 is in the middle among Oregon ZIP codes for rent, ranking #65 of 114 at $1,754/mo. Over the year to September 2026, rent in ZIP 97060 changed +3.5%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.
Income Affordability
24%
VERY AFFORDABLE

At $1,754/mo, rent takes ~24% of ZIP 97060's median household income ($88,279/yr). The standard benchmark is 30%.

ZIP 97060 24%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97060 (Troutdale, OR)

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