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ZIP Code · OR

ZIP 97222

Pop. 36,398·Clackamas County·73rd most expensive ZIP in Oregon
Median rent (all units)
$1,695/mo
Year-over-Year
-5.2%
Month-over-Month
-1.2%
vs US Median
-$270
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97222 · $1,695
More affordable than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,530
1 BR
$1,630
2 BR
$1,870
3 BR
$2,550
4 BR+
$3,020
Research median
$1,870/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
$20,340/yr
At $1,695/mo median
Location
StateOR
CountyClackamas County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.2% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 97222 (Milwaukie, OR) is majority owner-occupied, 39.5% of residents hold a bachelor's degree or higher.

Population
36,398
Median income
$83,119
Median age
41
Renters
43.7%
Age distribution
17.7%
21.6%
29.6%
19.1%
Under 1817.7%
18–3421.6%
35–5429.6%
55–6412%
65+19.1%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
78.2%
White78.2%
Black2%
Hispanic11%
Asian2.7%
Other6%
Education (25+)
19.4%
36.3%
39.5%
No HS diploma4.8%
HS diploma19.4%
Some college36.3%
Bachelor's+39.5%
Housing tenure
56.3%
43.7%
Owner56.3%
Renter43.7%

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

2021 vs 2026

How ZIP 97222 in Milwaukie, OR has changed in 5 years

Rent
$1,451 → $1,695
up 16.8%
Income
$68,366 → $83,119
up 21.6%
Population
36,639 → 36,398
down 0.7%
Renter share
45.1% → 43.7%
-1.4 pts
Bachelor's+
36% → 39.5%
+3.5 pts
Median age
39.3 → 41
+1.7 yrs

Across the past five years, the going rent in ZIP 97222 in Milwaukie, OR has shifted from $1,451 to $1,695, up 16.8% since 2021. Census figures show median household income at $83,119 today, compared with $68,366 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Bachelor's-degree-or-higher attainment moved from 36% to 39.5% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 97222

Last updated: July 20, 2026

ZIP code 97222 covers Milwaukie, OR. The median rent here is $1,695/mo as of July 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,870/mo.

At 24% of local median household income ($83,119/yr), ZIP 97222 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97222?

As of July 20, 2026, the median monthly rent in ZIP 97222 (Milwaukie, OR) is $1,695. This is based on aggregated data from public sources and community submissions.

How does ZIP 97222 rent compare to the US average?

ZIP 97222's median rent of $1,695/mo is $270 (14%) below the US national median of $1,965/mo.

How does ZIP 97222 compare to other ZIPs in Oregon?

ZIP 97222 falls in the middle range for Oregon, ranking #73 out of 116 ZIPs at $1,695/mo.

How much income do you need to rent in ZIP 97222?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,695/mo in ZIP 97222. The local median household income is $83,119/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97222?

Rent in ZIP 97222 has decreased 5.2% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97222 an affordable place to rent?

ZIP 97222 is considered very affordable for renters. At $1,695/mo, rent takes approximately 24% of the local median household income ($83,119/yr). The standard benchmark is 30%. ZIP 97222 falls comfortably within that range.

What percentage of ZIP 97222 residents rent vs. own?

According to Census data, approximately 43.7% of ZIP 97222 households are renters, while 56.3% are owner-occupied. ZIP 97222 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97222 compare to the rest of Milwaukie?

ZIP 97222 is pricier than Milwaukie as a whole. At $1,695/mo, it's $4 above the Milwaukie citywide median of $1,691/mo.

When was rent data for ZIP 97222 last updated?

Rent data for ZIP 97222 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,695/mo, rent takes ~24% of ZIP 97222's median household income ($83,119/yr). The standard benchmark is 30%.

ZIP 97222 24%Benchmark 30%
State income tax4.75–9.9%
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Public schools near ZIP 97222 (Milwaukie, OR)

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