ZIP Code · OR

ZIP 97321

Part of Albany, OR
Pop. 30,672·Benton County·58th most expensive ZIP in Oregon
Median rent (all units)
$1,741/mo
Year-over-Year
-3.1%
Month-over-Month
+3.9%
vs US Median
-$224
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97321 · $1,741
More affordable than 56% of US ZIP codes · National median $1,965/mo
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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

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Last updated: July 20, 2026

Annual cost
$20,892/yr
At $1,741/mo median
Location
CityAlbany
StateOR
CountyBenton County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-3.1% YoY, +3.9% 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

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Local insights

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About renting in ZIP 97321

Last updated: July 20, 2026

ZIP code 97321 covers Albany, OR. The median rent here is $1,741/mo as of July 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,490/mo.

At 21% of local median household income ($99,416/yr), ZIP 97321 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97321?

As of July 20, 2026, the median monthly rent in ZIP 97321 (Albany, OR) is $1,741. This is based on aggregated data from public sources and community submissions.

How does ZIP 97321 rent compare to the US average?

ZIP 97321's median rent of $1,741/mo is $224 (11%) below the US national median of $1,965/mo.

How does ZIP 97321 compare to other ZIPs in Oregon?

ZIP 97321 falls in the middle range for Oregon, ranking #58 out of 116 ZIPs at $1,741/mo.

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 $70,000/year (~$34/hour full-time) to afford the median rent of $1,741/mo in ZIP 97321. The local median household income is $99,416/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97321?

Rent in ZIP 97321 has decreased 3.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97321 an affordable place to rent?

ZIP 97321 is considered very affordable for renters. At $1,741/mo, rent takes approximately 21% of the local median household income ($99,416/yr). The standard benchmark is 30%. ZIP 97321 falls comfortably within that range.

What percentage of ZIP 97321 residents rent vs. own?

According to Census data, approximately 26.9% of ZIP 97321 households are renters, while 73.1% are owner-occupied. ZIP 97321 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97321 compare to the rest of Albany?

ZIP 97321 is more affordable than Albany overall. At $1,741/mo, it's $33 below the Albany citywide median of $1,774/mo.

When was rent data for ZIP 97321 last updated?

Rent data for ZIP 97321 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,741/mo, rent takes ~21% of ZIP 97321's median household income ($99,416/yr). The standard benchmark is 30%.

ZIP 97321 21%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97321 (Albany, OR)

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