ZIP Code · OR

ZIP 97116

Pop. 29,800·Washington County·60th most expensive ZIP in Oregon
Median rent (all units)
$1,738/mo
Year-over-Year
-0.6%
Month-over-Month
+1.3%
vs US Median
-$227
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97116 · $1,738
More affordable than 56% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

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: July 20, 2026

Annual cost
$20,856/yr
At $1,738/mo median
Location
StateOR
CountyWashington County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.6% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 97116 (Forest Grove, OR) is majority owner-occupied, has a median income above the national average, 32.7% of residents hold a bachelor's degree or higher.

Population
29,800
Median income
$92,613
Median age
35
Renters
33.6%
Age distribution
24%
26%
24.1%
15.3%
Under 1824%
18–3426%
35–5424.1%
55–6410.7%
65+15.3%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
69.7%
27.8%
White69.7%
Black2%
Hispanic27.8%
Asian3.4%
Education (25+)
23.7%
33.3%
32.7%
No HS diploma10.3%
HS diploma23.7%
Some college33.3%
Bachelor's+32.7%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

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

2021 vs 2026

How ZIP 97116 in Forest Grove, OR has changed in 5 years

Income
$76,610 → $92,613
up 20.9%
Population
28,835 → 29,800
up 3.3%
Renter share
35.6% → 33.6%
-2.0 pts
Bachelor's+
32.9% → 32.7%
-0.2 pts
Median age
36.6 → 35
-1.6 yrs

Median household income climbed from $76,610 to $92,613 between 2021 and 2024, a 20.9% shift. Census counts show ZIP 97116 in Forest Grove, OR adding about 965 residents over the five-year window, up 3.3% on net. The renter share has eased from 35.6% to 33.6%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 97116

Last updated: July 20, 2026

ZIP code 97116 covers Forest Grove, OR. The median rent here is $1,738/mo as of July 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,800/mo.

At 23% of local median household income ($92,613/yr), ZIP 97116 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97116?

As of July 20, 2026, the median monthly rent in ZIP 97116 (Forest Grove, OR) is $1,738. This is based on aggregated data from public sources and community submissions.

How does ZIP 97116 rent compare to the US average?

ZIP 97116's median rent of $1,738/mo is $227 (12%) below the US national median of $1,965/mo.

How does ZIP 97116 compare to other ZIPs in Oregon?

ZIP 97116 falls in the middle range for Oregon, ranking #60 out of 116 ZIPs at $1,738/mo.

How much income do you need to rent in ZIP 97116?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,738/mo in ZIP 97116. The local median household income is $92,613/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97116?

Rent in ZIP 97116 has decreased 0.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97116 an affordable place to rent?

ZIP 97116 is considered very affordable for renters. At $1,738/mo, rent takes approximately 23% of the local median household income ($92,613/yr). The standard benchmark is 30%. ZIP 97116 falls comfortably within that range.

What percentage of ZIP 97116 residents rent vs. own?

According to Census data, approximately 33.6% of ZIP 97116 households are renters, while 66.4% are owner-occupied. ZIP 97116 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97116 compare to the rest of Forest Grove?

ZIP 97116 sits right at the Forest Grove citywide median of $1,738/mo.

When was rent data for ZIP 97116 last updated?

Rent data for ZIP 97116 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,738/mo, rent takes ~23% of ZIP 97116's median household income ($92,613/yr). The standard benchmark is 30%.

ZIP 97116 23%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97116 (Forest Grove, OR)

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