ZIP 97211
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 97211 usually run 1.2% below trend in December and 1% above it in August, about $46 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 97211 is 0.1% below its high of $2,077 in June 2026, at $2,074 as of September 2026.
Rent in ZIP 97211 changed +0.9% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.
From 2019 to 2024, rent in ZIP 97211 rose 21.7% while median household income rose 37.6% ($81,802 to $112,586). Income kept ahead of rent.
Rent in ZIP 97211 is 25.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 6 of the last 12 months.
30% of the median household income ($112,586) is $2,815 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,180); a 3-bedroom is $2,970.
23rd cheapest of 27 ZIP codes in Portland.
ZIP 97227, 3 miles away, rents for 28% less ($1,497/mo), about $6,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 97211. 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.
Who lives here
ZIP 97211 (Portland, OR) is majority owner-occupied, has a median income above the national average, 56.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 97211 in Portland, OR has changed in 5 years
The median rent in ZIP 97211 in Portland, OR stood at $1,730 in 2021 and currently runs about $2,074, reflecting a 19.9% increase over the period. Median household income rose from $93,743 to $112,586 between 2021 and 2024, a 20.1% shift. The population has contracted by 1.1% since 2021, moving from about 34,148 residents to roughly 33,769. Renters now make up 37.6% of households, compared with 34.3% five years ago. Taken together, the five-year picture in ZIP 97211 in Portland, 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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Tips for renters in ZIP 97211
Last updated: October 17, 2026
ZIP code 97211 covers Portland, OR. The median rent here is $2,074/mo as of October 2026. A 1-bedroom rents for a median of $1,900/mo. A 2-bedroom rents for a median of $2,180/mo.
At 22% of local median household income ($112,586/yr), ZIP 97211 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.
Frequently asked questions
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How does ZIP 97211 compare to the rest of Portland?
At $2,074/mo, rent takes ~22% of ZIP 97211's median household income ($112,586/yr). The standard benchmark is 30%.
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