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ZIP Code · OR

ZIP 97351

Pop. 11,454·Polk County·43rd most expensive ZIP in Oregon
Median rent (all units)
$1,811/mo
Year-over-Year
+6.8%
Month-over-Month
-0.3%
vs US Median
-$154
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 97351 · $1,811
More affordable than 51% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,390
2 BR
$1,810
3 BR
$2,510
4 BR+
$2,710
Research median
$1,810/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
$21,732/yr
At $1,811/mo median
Location
StateOR
CountyPolk County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.8% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 97351 (Independence, OR) is majority owner-occupied, skews toward younger working-age adults, 28% of residents hold a bachelor's degree or higher.

Population
11,454
Median income
$88,519
Median age
32.2
Renters
43.3%
Age distribution
22.4%
31.6%
24.8%
Under 1822.4%
18–3431.6%
35–5424.8%
55–649.8%
65+11.3%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
64%
36.7%
White64%
Black0.5%
Hispanic36.7%
Asian1%
Education (25+)
13.7%
23.1%
35.2%
28%
No HS diploma13.7%
HS diploma23.1%
Some college35.2%
Bachelor's+28%
Housing tenure
56.7%
43.3%
Owner56.7%
Renter43.3%

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

2021 vs 2026

How ZIP 97351 in Independence, OR has changed in 5 years

Income
$66,962 → $88,519
up 32.2%
Population
10,760 → 11,454
up 6.4%
Renter share
38.5% → 43.3%
+4.8 pts
Bachelor's+
19.9% → 28%
+8.1 pts
Median age
30.9 → 32.2
+1.3 yrs

Household income in the area moved from $66,962 to $88,519 across the same window, up 32.2% versus 2021. The population has grown by 6.4% since 2021, moving from about 10,760 residents to roughly 11,454. Renters now make up 43.3% of households, compared with 38.5% five years ago. College-educated residents now make up 28% of adults here, versus 19.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 97351

About renting in ZIP 97351

Last updated: July 20, 2026

ZIP code 97351 covers Independence, OR. The median rent here is $1,811/mo as of July 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,810/mo.

At 25% of local median household income ($88,519/yr), ZIP 97351 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97351?

As of July 20, 2026, the median monthly rent in ZIP 97351 (Independence, OR) is $1,811. This is based on aggregated data from public sources and community submissions.

How does ZIP 97351 rent compare to the US average?

ZIP 97351's median rent of $1,811/mo is $154 (8%) below the US national median of $1,965/mo.

How does ZIP 97351 compare to other ZIPs in Oregon?

ZIP 97351 falls in the middle range for Oregon, ranking #43 out of 116 ZIPs at $1,811/mo.

How much income do you need to rent in ZIP 97351?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,811/mo in ZIP 97351. The local median household income is $88,519/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97351?

Rent in ZIP 97351 has increased 6.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97351 an affordable place to rent?

ZIP 97351 is considered affordable for renters. At $1,811/mo, rent takes approximately 25% of the local median household income ($88,519/yr). The standard benchmark is 30%. ZIP 97351 falls comfortably within that range.

What percentage of ZIP 97351 residents rent vs. own?

According to Census data, approximately 43.3% of ZIP 97351 households are renters, while 56.7% are owner-occupied. ZIP 97351 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97351 compare to the rest of Independence?

ZIP 97351 sits right at the Independence citywide median of $1,811/mo.

When was rent data for ZIP 97351 last updated?

Rent data for ZIP 97351 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,811/mo, rent takes ~25% of ZIP 97351's median household income ($88,519/yr). The standard benchmark is 30%.

ZIP 97351 25%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97351 (Independence, OR)

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