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ZIP Code · OR

ZIP 97220

Part of Portland, OR
Pop. 27,202·Multnomah County·85th most expensive ZIP in Oregon
Median rent (all units)
$1,636/mo
Year-over-Year
+1.6%
Month-over-Month
+1.2%
vs US Median
-$329
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97220 · $1,636
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,580
2 BR
$1,800
3 BR
$2,470
4 BR+
$2,900
Research median
$1,800/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
$19,632/yr
At $1,636/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 97220 (Portland, OR) is majority owner-occupied, 34.1% of residents hold a bachelor's degree or higher.

Population
27,202
Median income
$70,137
Median age
41.1
Renters
41%
Age distribution
15.4%
23.1%
31.8%
12.7%
16.9%
Under 1815.4%
18–3423.1%
35–5431.8%
55–6412.7%
65+16.9%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
59.4%
14.3%
White59.4%
Black9.3%
Hispanic14.3%
Asian11.8%
Other5.2%
Education (25+)
13.2%
22.4%
30.3%
34.1%
No HS diploma13.2%
HS diploma22.4%
Some college30.3%
Bachelor's+34.1%
Housing tenure
59%
41%
Owner59%
Renter41%

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

2021 vs 2026

How ZIP 97220 in Portland, OR has changed in 5 years

Income
$61,333 → $70,137
up 14.4%
Population
28,307 → 27,202
down 3.9%
Renter share
43.6% → 41%
-2.6 pts
Bachelor's+
30.7% → 34.1%
+3.4 pts
Median age
40.1 → 41.1
+1.0 yrs

Census figures show median household income at $70,137 today, compared with $61,333 five years earlier. The population has contracted by 3.9% since 2021, moving from about 28,307 residents to roughly 27,202. Renters now make up 41% of households, compared with 43.6% five years ago. College-educated residents now make up 34.1% of adults here, versus 30.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 97220

About renting in ZIP 97220

Last updated: July 20, 2026

ZIP code 97220 covers Portland, OR. The median rent here is $1,636/mo as of July 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,800/mo.

At 28% of local median household income ($70,137/yr), ZIP 97220 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97220?

As of July 20, 2026, the median monthly rent in ZIP 97220 (Portland, OR) is $1,636. This is based on aggregated data from public sources and community submissions.

How does ZIP 97220 rent compare to the US average?

ZIP 97220's median rent of $1,636/mo is $329 (17%) below the US national median of $1,965/mo.

How does ZIP 97220 compare to other ZIPs in Oregon?

ZIP 97220 is among the more affordable ZIP codes in Oregon, ranking #85 out of 116 ZIPs at $1,636/mo.

How much income do you need to rent in ZIP 97220?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,636/mo in ZIP 97220. The local median household income is $70,137/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97220?

Rent in ZIP 97220 has increased 1.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97220 an affordable place to rent?

ZIP 97220 is considered affordable for renters. At $1,636/mo, rent takes approximately 28% of the local median household income ($70,137/yr). The standard benchmark is 30%. ZIP 97220 falls comfortably within that range.

What percentage of ZIP 97220 residents rent vs. own?

According to Census data, approximately 41% of ZIP 97220 households are renters, while 59% are owner-occupied. ZIP 97220 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97220 compare to the rest of Portland?

ZIP 97220 is more affordable than Portland overall. At $1,636/mo, it's $85 below the Portland citywide median of $1,721/mo.

When was rent data for ZIP 97220 last updated?

Rent data for ZIP 97220 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,636/mo, rent takes ~28% of ZIP 97220's median household income ($70,137/yr). The standard benchmark is 30%.

ZIP 97220 28%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97220 (Portland, OR)

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