ZIP Code · OR

ZIP 97219

Part of Portland, OR
Pop. 42,430·Multnomah County·44th most expensive ZIP in Oregon
Median rent (all units)
$1,857/mo
Year-over-Year
+4.0%
Month-over-Month
+1.3%
vs US Median
-$75
Reported rents
Rising (Monthly)
Be the first to discuss 97219 rents ↓
Most AffordableMost Expensive
ZIP 97219 · $1,857
More expensive than 53% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,670
1 BR
$1,790
2 BR
$2,050
3 BR
$2,790
4 BR+
$3,320
Research median
$2,050/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 97219 usually run 1.3% below trend in December and 1.1% above it in July, about $45 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 97219 is at its highest level since Zillow's records here began in January 2016.

Past year vs. the rest of Oregon

Rent in ZIP 97219 changed +4.0% 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 97219 rose 28.2% while median household income rose 22.8% ($98,755 to $121,306). Rent outpaced income.

Since before the pandemic

Rent in ZIP 97219 is 33% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($121,306) is $3,033 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,790); a 4-bedroom is $3,320.

Rank in Portland

20th cheapest of 27 ZIP codes in Portland.

Cheaper nearby

ZIP 97201, 4 miles away, rents for 14% less ($1,588/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 97219. 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
$22,284/yr
At $1,857/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.0% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 97219 (Portland, OR) is majority owner-occupied, has a median income above the national average, 66.5% of residents hold a bachelor's degree or higher.

Population
42,430
Median income
$121,306
Median age
41.8
Renters
27.5%
Age distribution
19.6%
21.1%
30.7%
18.4%
Under 1819.6%
18–3421.1%
35–5430.7%
55–6410.1%
65+18.4%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
75.6%
White75.6%
Black2.4%
Hispanic9.5%
Asian5.6%
Other6.9%
Education (25+)
24.5%
66.5%
No HS diploma1.9%
HS diploma7.1%
Some college24.5%
Bachelor's+66.5%
Housing tenure
72.5%
27.5%
Owner72.5%
Renter27.5%

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

2021 vs 2026

How ZIP 97219 in Portland, OR has changed in 5 years

Rent
$1,464 → $1,857
up 26.8%
Income
$106,242 → $121,306
up 14.2%
Population
44,374 → 42,430
down 4.4%
Renter share
29% → 27.5%
-1.5 pts
Bachelor's+
67.3% → 66.5%
-0.8 pts
Median age
40.7 → 41.8
+1.1 yrs

The median rent in ZIP 97219 in Portland, OR stood at $1,464 in 2021 and currently runs about $1,857, reflecting a 26.8% increase over the period. On the earnings side, the typical household in ZIP 97219 in Portland, OR now reports about $121,306, up from $106,242 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 4.4% since 2021, moving from about 44,374 residents to roughly 42,430. Renters now make up 27.5% of households, compared with 29% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 97219 in Portland, OR reflects that arc in its own way.

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Local insights

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About renting in ZIP 97219

Last updated: October 17, 2026

ZIP code 97219 covers Portland, OR. The median rent here is $1,857/mo as of October 2026. A 1-bedroom rents for a median of $1,790/mo. A 2-bedroom rents for a median of $2,050/mo.

At 18% of local median household income ($121,306/yr), ZIP 97219 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97219?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,857/mo in ZIP 97219. The local median household income is $121,306/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97219?

Rent in ZIP 97219 has risen 4.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2016.

When is the cheapest time to rent in ZIP 97219?

Asking rents in ZIP 97219 are usually lowest in December, about 1.3% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $45 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 97219?

Yes. From 2019 to 2024, rent in ZIP 97219 rose 28.2% while median household income rose 22.8%, from $98,755 to $121,306. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 97219 compare to other ZIPs in Oregon?

ZIP 97219 is in the middle among Oregon ZIP codes for rent, ranking #44 of 114 at $1,857/mo. Over the year to September 2026, rent in ZIP 97219 changed +4.0%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.

How does ZIP 97219 compare to the rest of Portland?

At $1,857/mo, ZIP 97219 is $138 above the Portland citywide median of $1,719/mo. It is the 20th cheapest of 27 ZIP codes in Portland.
Income Affordability
18%
VERY AFFORDABLE

At $1,857/mo, rent takes ~18% of ZIP 97219's median household income ($121,306/yr). The standard benchmark is 30%.

ZIP 97219 18%Benchmark 30%
State income tax4.75–9.9%
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Public schools near ZIP 97219 (Portland, OR)

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