ZIP Code · OR

ZIP 97213

Part of Portland, OR
Pop. 31,408·Multnomah County·83rd most expensive ZIP in Oregon
Median rent (all units)
$1,643/mo
Year-over-Year
+0.3%
Month-over-Month
Stable
vs US Median
-$289
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 97213 · $1,643
More affordable than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,211
1 BR
$1,292
2 BR
$1,483
3 BR
$2,018
4 BR+
$2,400
Research median
$1,483/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

December. Asking rents in ZIP 97213 usually run 0.8% below trend in December and 1% above it in June, about $30 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 97213 is 1.3% below its high of $1,665 in January 2026, at $1,643 as of September 2026.

Past year vs. the rest of Oregon

Rent in ZIP 97213 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 97213 rose 22.1% while median household income rose 24.8% ($77,804 to $97,068). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 97213 is 21.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($97,068) is $2,427 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,020); a 3-bedroom is $2,750.

Rank in Portland

11th cheapest of 27 ZIP codes in Portland.

From Zillow's monthly rent index (ZORI) for ZIP 97213. 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
$19,716/yr
At $1,643/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, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 97213 (Portland, OR) is majority owner-occupied, has a median income above the national average, 62.5% of residents hold a bachelor's degree or higher.

Population
31,408
Median income
$97,068
Median age
42.8
Renters
37.5%
Age distribution
17.1%
18.8%
35.8%
13.1%
15.2%
Under 1817.1%
18–3418.8%
35–5435.8%
55–6413.1%
65+15.2%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
78.6%
White78.6%
Black2.1%
Hispanic8.4%
Asian5.9%
Other5.1%
Education (25+)
20.9%
62.5%
No HS diploma5.4%
HS diploma11.2%
Some college20.9%
Bachelor's+62.5%
Housing tenure
62.5%
37.5%
Owner62.5%
Renter37.5%

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

2021 vs 2026

How ZIP 97213 in Portland, OR has changed in 5 years

Rent
$1,418 → $1,643
up 15.9%
Income
$86,005 → $97,068
up 12.9%
Population
31,826 → 31,408
down 1.3%
Renter share
35% → 37.5%
+2.5 pts
Bachelor's+
59.5% → 62.5%
+3.0 pts
Median age
42 → 42.8
+0.8 yrs

Across the past five years, the going rent in ZIP 97213 in Portland, OR has shifted from $1,418 to $1,643, up 15.9% since 2021. On the earnings side, the typical household in ZIP 97213 in Portland, OR now reports about $97,068, up from $86,005 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 97213 in Portland, OR losing about 418 residents over the five-year window, down 1.3% on net. The renter share has risen from 35% to 37.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 59.5% to 62.5% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 97213 in Portland, OR reflects that arc in its own way.

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About renting in ZIP 97213

Last updated: October 17, 2026

ZIP code 97213 covers Portland, OR. The median rent here is $1,643/mo as of October 2026. A 1-bedroom rents for a median of $1,292/mo. A 2-bedroom rents for a median of $1,483/mo.

At 20% of local median household income ($97,068/yr), ZIP 97213 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 97213?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,643/mo in ZIP 97213. The local median household income is $97,068/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97213?

Rent in ZIP 97213 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 1.3% below its high of $1,665 in January 2026.

When is the cheapest time to rent in ZIP 97213?

Asking rents in ZIP 97213 are usually lowest in December, about 0.8% below their yearly trend, and highest in June, about 1% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 97213?

No. From 2019 to 2024, rent in ZIP 97213 rose 22.1% while median household income rose 24.8%, from $77,804 to $97,068. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 97213 compare to other ZIPs in Oregon?

ZIP 97213 is one of the more affordable among Oregon ZIP codes for rent, ranking #83 of 114 at $1,643/mo. Over the year to September 2026, rent in ZIP 97213 changed +0.3%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.

How does ZIP 97213 compare to the rest of Portland?

At $1,643/mo, ZIP 97213 is $76 below the Portland citywide median of $1,719/mo. It is the 11th cheapest of 27 ZIP codes in Portland.
Income Affordability
20%
VERY AFFORDABLE

At $1,643/mo, rent takes ~20% of ZIP 97213's median household income ($97,068/yr). The standard benchmark is 30%.

ZIP 97213 20%Benchmark 30%
State income tax4.75–9.9%
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Public schools near ZIP 97213 (Portland, OR)

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