ZIP Code · OR

ZIP 97322

Part of Albany, OR

Pop. 36,408·Linn County·74th most expensive ZIP in Oregon

Median rent (all units)

$1,678/mo

Year-over-Year

+2.8%

Month-over-Month

+0.6%

vs US Median

-$254

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 97322 · $1,678

More affordable than 60% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,070

1 BR

$1,280

2 BR

$1,550

3 BR

$2,100

4 BR+

$2,430

Research median

$1,550/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 97322 is at its highest level since Zillow's records here began in August 2022.

Past year vs. the rest of Oregon

Rent in ZIP 97322 changed +2.8% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent has risen 5 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($69,808) is $1,745 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,550); a 3-bedroom is $2,100.

From Zillow's monthly rent index (ZORI) for ZIP 97322. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,136/yr

At $1,678/mo median

Location

CityAlbany

StateOR

CountyLinn County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.8% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 97322 (Albany, OR) is roughly split between renters and owners, 22.6% of residents hold a bachelor's degree or higher.

Population

36,408

Median income

$69,808

Median age

38.2

Renters

45.4%

Age distribution

24%

21.3%

24.9%

18.9%

Under 1824%

18–3421.3%

35–5424.9%

55–6410.9%

65+18.9%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

77.3%

19.9%

White77.3%

Black0.5%

Hispanic19.9%

Asian1.7%

Other0.7%

Education (25+)

25.6%

43.4%

22.6%

No HS diploma8.4%

HS diploma25.6%

Some college43.4%

Bachelor's+22.6%

Housing tenure

54.6%

45.4%

Owner54.6%

Renter45.4%

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

2023 vs 2026

How ZIP 97322 in Albany, OR has changed in 5 years

Rent

$1,515 → $1,678

up 10.8%

Income

$61,285 → $69,808

up 13.9%

Population

37,361 → 36,408

down 2.6%

Renter share

42.6% → 45.4%

+2.8 pts

Bachelor's+

20.8% → 22.6%

+1.8 pts

Median age

35.4 → 38.2

+2.8 yrs

Rent in ZIP 97322 in Albany, OR has increased 10.8% since 2023, going from about $1,515 per month to roughly $1,678 today. Household income in the area moved from $61,285 to $69,808 across the same window, up 13.9% versus 2021. Income growth outran rent by about 3.1 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 37,361 to 36,408 between 2021 and 2024, a 2.6% change. About 45.4% of households rent today, against 42.6% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 97322 in Albany, OR look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 97322

Last updated: October 17, 2026

ZIP code 97322 covers Albany, OR. The median rent here is $1,678/mo as of October 2026. A 1-bedroom rents for a median of $1,280/mo. A 2-bedroom rents for a median of $1,550/mo.

At 29% of local median household income ($69,808/yr), ZIP 97322 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97322?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,678/mo in ZIP 97322. The local median household income is $69,808/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97322?

Rent in ZIP 97322 has risen 2.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in August 2022.

How does ZIP 97322 compare to other ZIPs in Oregon?

ZIP 97322 is in the middle among Oregon ZIP codes for rent, ranking #74 of 114 at $1,678/mo. Over the year to September 2026, rent in ZIP 97322 changed +2.8%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.