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ZIP Code · OR

ZIP 97236

Part of Portland, OR
Pop. 37,558·Multnomah County·89th most expensive ZIP in Oregon
Median rent (all units)
$1,624/mo
Year-over-Year
+5.5%
Month-over-Month
+1.6%
vs US Median
-$341
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97236 · $1,624
More affordable than 65% 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
$19,488/yr
At $1,624/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.5% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 97236 (Portland, OR) is majority owner-occupied, 21.9% of residents hold a bachelor's degree or higher.

Population
37,558
Median income
$75,090
Median age
37.7
Renters
41.6%
Age distribution
22.4%
22.8%
28.3%
12.7%
13.9%
Under 1822.4%
18–3422.8%
35–5428.3%
55–6412.7%
65+13.9%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
53.6%
19.1%
14.5%
White53.6%
Black8.3%
Hispanic19.1%
Asian14.5%
Other4.5%
Education (25+)
17.6%
26.7%
33.7%
21.9%
No HS diploma17.6%
HS diploma26.7%
Some college33.7%
Bachelor's+21.9%
Housing tenure
58.4%
41.6%
Owner58.4%
Renter41.6%

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

2021 vs 2026

How ZIP 97236 in Portland, OR has changed in 5 years

Rent
$1,263 → $1,624
up 28.6%
Income
$58,093 → $75,090
up 29.3%
Population
39,399 → 37,558
down 4.7%
Renter share
43.1% → 41.6%
-1.5 pts
Bachelor's+
21% → 21.9%
+0.9 pts
Median age
36.6 → 37.7
+1.1 yrs

Five years ago, renters in ZIP 97236 in Portland, OR paid around $1,263 a month. That figure now sits near $1,624, up 28.6% from the 2021 baseline. On the earnings side, the typical household in ZIP 97236 in Portland, OR now reports about $75,090, up from $58,093 in 2021. Census counts show ZIP 97236 in Portland, OR losing about 1,841 residents over the five-year window, down 4.7% on net. The renter share has eased from 43.1% to 41.6%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 97236 in Portland, OR reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 97236

About renting in ZIP 97236

Last updated: July 20, 2026

ZIP code 97236 covers Portland, OR. The median rent here is $1,624/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 26% of local median household income ($75,090/yr), ZIP 97236 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97236?

As of July 20, 2026, the median monthly rent in ZIP 97236 (Portland, OR) is $1,624. This is based on aggregated data from public sources and community submissions.

How does ZIP 97236 rent compare to the US average?

ZIP 97236's median rent of $1,624/mo is $341 (17%) below the US national median of $1,965/mo.

How does ZIP 97236 compare to other ZIPs in Oregon?

ZIP 97236 is among the more affordable ZIP codes in Oregon, ranking #89 out of 116 ZIPs at $1,624/mo.

How much income do you need to rent in ZIP 97236?

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 $1,624/mo in ZIP 97236. The local median household income is $75,090/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97236?

Rent in ZIP 97236 has increased 5.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97236 an affordable place to rent?

ZIP 97236 is considered affordable for renters. At $1,624/mo, rent takes approximately 26% of the local median household income ($75,090/yr). The standard benchmark is 30%. ZIP 97236 falls comfortably within that range.

What percentage of ZIP 97236 residents rent vs. own?

According to Census data, approximately 41.6% of ZIP 97236 households are renters, while 58.4% are owner-occupied. ZIP 97236 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97236 compare to the rest of Portland?

ZIP 97236 is more affordable than Portland overall. At $1,624/mo, it's $97 below the Portland citywide median of $1,721/mo.

When was rent data for ZIP 97236 last updated?

Rent data for ZIP 97236 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,624/mo, rent takes ~26% of ZIP 97236's median household income ($75,090/yr). The standard benchmark is 30%.

ZIP 97236 26%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97236 (Portland, OR)

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