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ZIP Code · OR

ZIP 97355

Part of Lebanon, OR
Pop. 34,292·Linn County·95th most expensive ZIP in Oregon
Median rent (all units)
$1,595/mo
Year-over-Year
+6.1%
Month-over-Month
-0.5%
vs US Median
-$370
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 97355 · $1,595
More affordable than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$1,250
2 BR
$1,520
3 BR
$2,060
4 BR+
$2,390
Research median
$1,520/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
$19,140/yr
At $1,595/mo median
Location
StateOR
CountyLinn County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.1% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 97355 (Lebanon, OR) is majority owner-occupied, has a large retiree population, 18.9% of residents hold a bachelor's degree or higher.

Population
34,292
Median income
$68,595
Median age
41.2
Renters
31.7%
Age distribution
20%
23.1%
22.3%
13.2%
21.3%
Under 1820%
18–3423.1%
35–5422.3%
55–6413.2%
65+21.3%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
88.8%
White88.8%
Black0.6%
Hispanic7.5%
Asian1.2%
Other1.9%
Education (25+)
33.4%
40.2%
18.9%
No HS diploma7.5%
HS diploma33.4%
Some college40.2%
Bachelor's+18.9%
Housing tenure
68.3%
31.7%
Owner68.3%
Renter31.7%

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

2021 vs 2026

How ZIP 97355 in Lebanon, OR has changed in 5 years

Income
$57,077 → $68,595
up 20.2%
Population
31,643 → 34,292
up 8.4%
Renter share
32.5% → 31.7%
-0.8 pts
Bachelor's+
18% → 18.9%
+0.9 pts
Median age
42 → 41.2
-0.8 yrs

Household income in the area moved from $57,077 to $68,595 across the same window, up 20.2% versus 2021. Headcount in the area went from 31,643 to 34,292 between 2021 and 2024, a 8.4% change.

Community

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Local insights

Tips for renters in ZIP 97355

About renting in ZIP 97355

Last updated: July 20, 2026

ZIP code 97355 covers Lebanon, OR. The median rent here is $1,595/mo as of July 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,520/mo.

At 28% of local median household income ($68,595/yr), ZIP 97355 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97355?

As of July 20, 2026, the median monthly rent in ZIP 97355 (Lebanon, OR) is $1,595. This is based on aggregated data from public sources and community submissions.

How does ZIP 97355 rent compare to the US average?

ZIP 97355's median rent of $1,595/mo is $370 (19%) below the US national median of $1,965/mo.

How does ZIP 97355 compare to other ZIPs in Oregon?

ZIP 97355 is among the more affordable ZIP codes in Oregon, ranking #95 out of 116 ZIPs at $1,595/mo.

How much income do you need to rent in ZIP 97355?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,595/mo in ZIP 97355. The local median household income is $68,595/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97355?

Rent in ZIP 97355 has increased 6.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97355 an affordable place to rent?

ZIP 97355 is considered affordable for renters. At $1,595/mo, rent takes approximately 28% of the local median household income ($68,595/yr). The standard benchmark is 30%. ZIP 97355 falls comfortably within that range.

What percentage of ZIP 97355 residents rent vs. own?

According to Census data, approximately 31.7% of ZIP 97355 households are renters, while 68.3% are owner-occupied. ZIP 97355 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97355 compare to the rest of Lebanon?

ZIP 97355 sits right at the Lebanon citywide median of $1,595/mo.

When was rent data for ZIP 97355 last updated?

Rent data for ZIP 97355 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,595/mo, rent takes ~28% of ZIP 97355's median household income ($68,595/yr). The standard benchmark is 30%.

ZIP 97355 28%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97355 (Lebanon, OR)

Recent submissions

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