ZIP Code · OR

ZIP 97210

Part of Portland, OR
Pop. 11,324·Multnomah County·99th most expensive ZIP in Oregon
Median rent (all units)
$1,562/mo
Year-over-Year
+0.3%
Month-over-Month
+0.5%
vs US Median
-$370
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 97210 · $1,562
More affordable than 68% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,610
2 BR
$1,850
3 BR
$2,520
4 BR+
$2,990
Research median
$1,850/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

Cheapest month to sign

February. Asking rents in ZIP 97210 usually run 0.9% below trend in February and 0.8% above it in June, about $27 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 97210 is 0.4% below its high of $1,568 in April 2026, at $1,562 as of September 2026.

Past year vs. the rest of Oregon

Rent in ZIP 97210 changed +0.3% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 97210 rose 12.9% while median household income rose 20.3% ($77,845 to $93,621). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 97210 is 12.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($93,621) is $2,341 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,850); a 3-bedroom is $2,520.

Rank in Portland

5th cheapest of 27 ZIP codes in Portland.

From Zillow's monthly rent index (ZORI) for ZIP 97210. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,744/yr
At $1,562/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.3% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 97210 (Portland, OR) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 77.3% of residents hold a bachelor's degree or higher.

Population
11,324
Median income
$93,621
Median age
38.4
Renters
67.9%
Age distribution
37.2%
27.1%
16.3%
Under 188.3%
18–3437.2%
35–5427.1%
55–6411.2%
65+16.3%
Gender
52.7%
47.3%
Male52.7%
Female47.3%
Race & ethnicity
81.3%
White81.3%
Black1.8%
Hispanic6.6%
Asian5.9%
Other4.2%
Education (25+)
15.5%
77.3%
No HS diploma2.4%
HS diploma4.9%
Some college15.5%
Bachelor's+77.3%
Housing tenure
32.1%
67.9%
Owner32.1%
Renter67.9%

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

2021 vs 2026

How ZIP 97210 in Portland, OR has changed in 5 years

Rent
$1,361 → $1,562
up 14.8%
Income
$79,387 → $93,621
up 17.9%
Population
11,410 → 11,324
down 0.8%
Renter share
63.5% → 67.9%
+4.4 pts
Bachelor's+
73.8% → 77.3%
+3.5 pts
Median age
34.9 → 38.4
+3.5 yrs

Since 2021, the typical rent in ZIP 97210 in Portland, OR has increased from $1,361 to $1,562, a 14.8% change over five years. On the earnings side, the typical household in ZIP 97210 in Portland, OR now reports about $93,621, up from $79,387 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 67.9% of households, compared with 63.5% five years ago. College-educated residents now make up 77.3% of adults here, versus 73.8% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 97210 in Portland, OR reflects that arc in its own way.

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Local insights

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About renting in ZIP 97210

Last updated: October 17, 2026

ZIP code 97210 covers Portland, OR. The median rent here is $1,562/mo as of October 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,850/mo.

At 20% of local median household income ($93,621/yr), ZIP 97210 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97210?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,562/mo in ZIP 97210. The local median household income is $93,621/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97210?

Rent in ZIP 97210 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 0.4% below its high of $1,568 in April 2026.

When is the cheapest time to rent in ZIP 97210?

Asking rents in ZIP 97210 are usually lowest in February, about 0.9% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 97210?

No. From 2019 to 2024, rent in ZIP 97210 rose 12.9% while median household income rose 20.3%, from $77,845 to $93,621. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 97210 compare to other ZIPs in Oregon?

ZIP 97210 is one of the more affordable among Oregon ZIP codes for rent, ranking #99 of 114 at $1,562/mo. Over the year to September 2026, rent in ZIP 97210 changed +0.3%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.

How does ZIP 97210 compare to the rest of Portland?

At $1,562/mo, ZIP 97210 is $157 below the Portland citywide median of $1,719/mo. It is the 5th cheapest of 27 ZIP codes in Portland.
Income Affordability
20%
VERY AFFORDABLE

At $1,562/mo, rent takes ~20% of ZIP 97210's median household income ($93,621/yr). The standard benchmark is 30%.

ZIP 97210 20%Benchmark 30%
State income tax4.75–9.9%
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