ZIP Code · OR

ZIP 97321

Part of Albany, OR

Pop. 30,672·Benton County·24th most expensive ZIP in Oregon

Median rent (all units)

$1,954/mo

Year-over-Year

+1.5%

Month-over-Month

+0.3%

vs US Median

+$22

Reported rents

Stable (Monthly)

Be the first to discuss 97321 rents ↓

Most AffordableMost Expensive

ZIP 97321 · $1,954

More expensive than 59% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,080

1 BR

$1,210

2 BR

$1,490

3 BR

$2,080

4 BR+

$2,340

Research median

$1,490/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Oregon

Rent in ZIP 97321 changed +1.5% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($99,416) is $2,485 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,340).

Cheaper nearby

ZIP 97330, 6 miles away, rents for 12% less ($1,727/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 97321. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,448/yr

At $1,954/mo median

Location

CityAlbany

StateOR

CountyBenton County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.5% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 97321 (Albany, OR) is majority owner-occupied, has a median income above the national average, 38.4% of residents hold a bachelor's degree or higher.

Population

30,672

Median income

$99,416

Median age

40.5

Renters

26.9%

Age distribution

23%

19%

27.6%

12.6%

17.8%

Under 1823%

18–3419%

35–5427.6%

55–6412.6%

65+17.8%

Gender

51.7%

48.3%

Male51.7%

Female48.3%

Race & ethnicity

84.8%

White84.8%

Black1%

Hispanic8.1%

Asian2.4%

Other3.6%

Education (25+)

19.1%

38.2%

38.4%

No HS diploma4.3%

HS diploma19.1%

Some college38.2%

Bachelor's+38.4%

Housing tenure

73.1%

26.9%

Owner73.1%

Renter26.9%

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

2021 vs 2026

How ZIP 97321 in Albany, OR has changed in 5 years

Income

$87,435 → $99,416

up 13.7%

Population

29,121 → 30,672

up 5.3%

Renter share

25.7% → 26.9%

+1.2 pts

Bachelor's+

35.8% → 38.4%

+2.6 pts

Census figures show median household income at $99,416 today, compared with $87,435 five years earlier. Headcount in the area went from 29,121 to 30,672 between 2021 and 2024, a 5.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35.8% to 38.4%.

Community

Discussions about ZIP 97321

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 97321

About renting in ZIP 97321

Last updated: October 17, 2026

ZIP code 97321 covers Albany, OR. The median rent here is $1,954/mo as of October 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,490/mo.

At 24% of local median household income ($99,416/yr), ZIP 97321 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97321?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,954/mo in ZIP 97321. The local median household income is $99,416/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97321?

Rent in ZIP 97321 has risen 1.5% over the past year.

How does ZIP 97321 compare to other ZIPs in Oregon?

ZIP 97321 is one of the pricier among Oregon ZIP codes for rent, ranking #24 of 114 at $1,954/mo. Over the year to September 2026, rent in ZIP 97321 changed +1.5%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.