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ZIP Code · OR

ZIP 97211

Part of Portland, OR
Pop. 33,769·Multnomah County·18th most expensive ZIP in Oregon
Median rent (all units)
$2,060/mo
Year-over-Year
+5.4%
Month-over-Month
-4.8%
vs US Median
+$95
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97211 · $2,060
More expensive than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,780
1 BR
$1,900
2 BR
$2,180
3 BR
$2,970
4 BR+
$3,530
Research median
$2,180/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
$24,720/yr
At $2,060/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 5.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+5.4% YoY, -4.8% MoM), not inventory.
Demographics

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.

Population
33,769
Median income
$112,586
Median age
38.7
Renters
37.6%
Age distribution
15.7%
25.5%
37.1%
Under 1815.7%
18–3425.5%
35–5437.1%
55–6410.1%
65+11.6%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
68%
White68%
Black10.4%
Hispanic9.5%
Asian4.1%
Other8.1%
Education (25+)
12.3%
26.7%
56.9%
No HS diploma4.1%
HS diploma12.3%
Some college26.7%
Bachelor's+56.9%
Housing tenure
62.4%
37.6%
Owner62.4%
Renter37.6%

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

2021 vs 2026

How ZIP 97211 in Portland, OR has changed in 5 years

Rent
$1,790 → $2,060
up 15.1%
Income
$93,743 → $112,586
up 20.1%
Population
34,148 → 33,769
down 1.1%
Renter share
34.3% → 37.6%
+3.3 pts
Bachelor's+
57% → 56.9%
-0.1 pts
Median age
37.5 → 38.7
+1.2 yrs

The median rent in ZIP 97211 in Portland, OR stood at $1,790 in 2021 and currently runs about $2,060, reflecting a 15.1% increase over the period. Median household income rose from $93,743 to $112,586 between 2021 and 2024, a 20.1% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. 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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Local insights

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About renting in ZIP 97211

Last updated: July 20, 2026

ZIP code 97211 covers Portland, OR. The median rent here is $2,060/mo as of July 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 5.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97211?

As of July 20, 2026, the median monthly rent in ZIP 97211 (Portland, OR) is $2,060. This is based on aggregated data from public sources and community submissions.

How does ZIP 97211 rent compare to the US average?

ZIP 97211's median rent of $2,060/mo is $95 (5%) above the US national median of $1,965/mo.

How does ZIP 97211 compare to other ZIPs in Oregon?

ZIP 97211 is one of the pricier ZIP codes in Oregon, ranking #18 out of 116 ZIPs tracked at $2,060/mo.

How much income do you need to rent in ZIP 97211?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,060/mo in ZIP 97211. The local median household income is $112,586/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97211?

Rent in ZIP 97211 has increased 5.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97211 an affordable place to rent?

ZIP 97211 is considered very affordable for renters. At $2,060/mo, rent takes approximately 22% of the local median household income ($112,586/yr). The standard benchmark is 30%. ZIP 97211 falls comfortably within that range.

What percentage of ZIP 97211 residents rent vs. own?

According to Census data, approximately 37.6% of ZIP 97211 households are renters, while 62.4% are owner-occupied. ZIP 97211 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97211 compare to the rest of Portland?

ZIP 97211 is pricier than Portland as a whole. At $2,060/mo, it's $339 above the Portland citywide median of $1,721/mo.

When was rent data for ZIP 97211 last updated?

Rent data for ZIP 97211 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,060/mo, rent takes ~22% of ZIP 97211's median household income ($112,586/yr). The standard benchmark is 30%.

ZIP 97211 22%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97211 (Portland, OR)

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