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ZIP Code · OR

ZIP 97224

Part of Tigard, OR
Pop. 36,569·Washington County·38th most expensive ZIP in Oregon
Median rent (all units)
$1,822/mo
Year-over-Year
+0.8%
Month-over-Month
+1.1%
vs US Median
-$143
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97224 · $1,822
More expensive than 50% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,700
2 BR
$1,950
3 BR
$2,660
4 BR+
$3,150
Research median
$1,950/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
$21,864/yr
At $1,822/mo median
Location
CityTigard
StateOR
CountyWashington County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.8% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 97224 (Tigard, OR) is majority owner-occupied, has a large retiree population, has a median income above the national average, 49.9% of residents hold a bachelor's degree or higher.

Population
36,569
Median income
$98,125
Median age
45.9
Renters
30%
Age distribution
19.6%
16.5%
25.2%
12.4%
26.4%
Under 1819.6%
18–3416.5%
35–5425.2%
55–6412.4%
65+26.4%
Gender
46.5%
53.5%
Male46.5%
Female53.5%
Race & ethnicity
75.6%
White75.6%
Black2.3%
Hispanic11%
Asian6.7%
Other4.4%
Education (25+)
13.9%
30.9%
49.9%
No HS diploma5.2%
HS diploma13.9%
Some college30.9%
Bachelor's+49.9%
Housing tenure
70%
30%
Owner70%
Renter30%

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

2021 vs 2026

How ZIP 97224 in Tigard, OR has changed in 5 years

Rent
$1,486 → $1,822
up 22.6%
Income
$83,604 → $98,125
up 17.4%
Population
37,059 → 36,569
down 1.3%
Renter share
31.3% → 30%
-1.3 pts
Bachelor's+
46.5% → 49.9%
+3.4 pts
Median age
43.6 → 45.9
+2.3 yrs

Compared with 2021, rent in ZIP 97224 in Tigard, OR has climbed by $336 per month, settling near $1,822 after starting the period at $1,486. Median household income grew from $83,604 to $98,125 between 2021 and 2024, a 17.4% shift. Rent outpaced income growth by roughly 5.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 37,059 to 36,569 between 2021 and 2024, a 1.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 46.5% to 49.9%. Taken together, the five-year picture in ZIP 97224 in Tigard, 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 97224

Last updated: July 20, 2026

ZIP code 97224 covers Tigard, OR. The median rent here is $1,822/mo as of July 2026. A 1-bedroom rents for a median of $1,700/mo. A 2-bedroom rents for a median of $1,950/mo.

At 22% of local median household income ($98,125/yr), ZIP 97224 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97224?

As of July 20, 2026, the median monthly rent in ZIP 97224 (Tigard, OR) is $1,822. This is based on aggregated data from public sources and community submissions.

How does ZIP 97224 rent compare to the US average?

ZIP 97224's median rent of $1,822/mo is $143 (7%) below the US national median of $1,965/mo.

How does ZIP 97224 compare to other ZIPs in Oregon?

ZIP 97224 is one of the pricier ZIP codes in Oregon, ranking #38 out of 116 ZIPs tracked at $1,822/mo.

How much income do you need to rent in ZIP 97224?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,822/mo in ZIP 97224. The local median household income is $98,125/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97224?

Rent in ZIP 97224 has increased 0.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97224 an affordable place to rent?

ZIP 97224 is considered very affordable for renters. At $1,822/mo, rent takes approximately 22% of the local median household income ($98,125/yr). The standard benchmark is 30%. ZIP 97224 falls comfortably within that range.

What percentage of ZIP 97224 residents rent vs. own?

According to Census data, approximately 30% of ZIP 97224 households are renters, while 70% are owner-occupied. ZIP 97224 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97224 compare to the rest of Tigard?

ZIP 97224 is more affordable than Tigard overall. At $1,822/mo, it's $73 below the Tigard citywide median of $1,895/mo.

When was rent data for ZIP 97224 last updated?

Rent data for ZIP 97224 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,822/mo, rent takes ~22% of ZIP 97224's median household income ($98,125/yr). The standard benchmark is 30%.

ZIP 97224 22%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97224 (Tigard, OR)

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