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ZIP Code · OR

ZIP 97266

Part of Portland, OR
Pop. 35,423·Multnomah County·52nd most expensive ZIP in Oregon
Median rent (all units)
$1,781/mo
Year-over-Year
-9.5%
Month-over-Month
-4.5%
vs US Median
-$184
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97266 · $1,781
More affordable than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,610
2 BR
$1,850
3 BR
$2,520
4 BR+
$2,990
Research median
$1,850/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
$21,372/yr
At $1,781/mo median
Location
StateOR
CountyMultnomah County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 9.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-9.5% YoY, -4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 97266 (Portland, OR) is roughly split between renters and owners, 28.3% of residents hold a bachelor's degree or higher.

Population
35,423
Median income
$72,577
Median age
38.6
Renters
45.9%
Age distribution
20.8%
22.7%
30.7%
12.6%
13.2%
Under 1820.8%
18–3422.7%
35–5430.7%
55–6412.6%
65+13.2%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
53.6%
16.1%
15.7%
White53.6%
Black7.3%
Hispanic16.1%
Asian15.7%
Other7.3%
Education (25+)
16.1%
26.3%
29.3%
28.3%
No HS diploma16.1%
HS diploma26.3%
Some college29.3%
Bachelor's+28.3%
Housing tenure
54.1%
45.9%
Owner54.1%
Renter45.9%

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

2021 vs 2026

How ZIP 97266 in Portland, OR has changed in 5 years

Rent
$1,548 → $1,781
up 15.1%
Income
$63,274 → $72,577
up 14.7%
Population
35,371 → 35,423
up 0.1%
Renter share
43.2% → 45.9%
+2.7 pts
Bachelor's+
26.9% → 28.3%
+1.4 pts

Across the past five years, the going rent in ZIP 97266 in Portland, OR has shifted from $1,548 to $1,781, up 15.1% since 2021. Household income in the area moved from $63,274 to $72,577 across the same window, up 14.7% versus 2021. The renter share has risen from 43.2% to 45.9%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 97266 in Portland, OR look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 97266

About renting in ZIP 97266

Last updated: July 20, 2026

ZIP code 97266 covers Portland, OR. The median rent here is $1,781/mo as of July 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,850/mo.

At 29% of local median household income ($72,577/yr), ZIP 97266 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97266?

As of July 20, 2026, the median monthly rent in ZIP 97266 (Portland, OR) is $1,781. This is based on aggregated data from public sources and community submissions.

How does ZIP 97266 rent compare to the US average?

ZIP 97266's median rent of $1,781/mo is $184 (9%) below the US national median of $1,965/mo.

How does ZIP 97266 compare to other ZIPs in Oregon?

ZIP 97266 falls in the middle range for Oregon, ranking #52 out of 116 ZIPs at $1,781/mo.

How much income do you need to rent in ZIP 97266?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,781/mo in ZIP 97266. The local median household income is $72,577/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97266?

Rent in ZIP 97266 has decreased 9.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97266 an affordable place to rent?

ZIP 97266 is considered affordable for renters. At $1,781/mo, rent takes approximately 29% of the local median household income ($72,577/yr). The standard benchmark is 30%. ZIP 97266 falls comfortably within that range.

What percentage of ZIP 97266 residents rent vs. own?

According to Census data, approximately 45.9% of ZIP 97266 households are renters, while 54.1% are owner-occupied. ZIP 97266 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97266 compare to the rest of Portland?

ZIP 97266 is pricier than Portland as a whole. At $1,781/mo, it's $60 above the Portland citywide median of $1,721/mo.

When was rent data for ZIP 97266 last updated?

Rent data for ZIP 97266 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,781/mo, rent takes ~29% of ZIP 97266's median household income ($72,577/yr). The standard benchmark is 30%.

ZIP 97266 29%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97266 (Portland, OR)

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