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ZIP Code · OR

ZIP 97365

Part of Newport, OR
Pop. 11,066·Lincoln County·15th most expensive ZIP in Oregon
Median rent (all units)
$2,056/mo
Year-over-Year
Stable
Month-over-Month
+1.5%
vs US Median
+$105
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97365 · $2,056
More expensive than 64% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,140
2 BR
$1,490
3 BR
$2,060
4 BR+
$2,500
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: June 22, 2026

Annual cost
$24,672/yr
At $2,056/mo median
Location
StateOR
CountyLincoln County
Demographics

Who lives here

ZIP 97365 (Newport, OR) is majority owner-occupied, has a large retiree population, has a median income below the national average, 31.4% of residents hold a bachelor's degree or higher.

Population
11,066
Median income
$64,363
Median age
51.5
Renters
39.6%
Age distribution
14.6%
16.1%
24.8%
14.4%
30.2%
Under 1814.6%
18–3416.1%
35–5424.8%
55–6414.4%
65+30.2%
Gender
45.1%
54.9%
Male45.1%
Female54.9%
Race & ethnicity
76.5%
14.5%
White76.5%
Black0.9%
Hispanic14.5%
Asian2.3%
Other5.8%
Education (25+)
19.9%
40%
31.4%
No HS diploma8.8%
HS diploma19.9%
Some college40%
Bachelor's+31.4%
Housing tenure
60.4%
39.6%
Owner60.4%
Renter39.6%

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

2021 vs 2026

How ZIP 97365 in Newport, OR has changed in 5 years

Income
$53,072 → $64,363
up 21.3%
Population
10,761 → 11,066
up 2.8%
Renter share
38.6% → 39.6%
+1.0 pts
Bachelor's+
31.6% → 31.4%
-0.2 pts
Median age
48.5 → 51.5
+3.0 yrs

On the earnings side, the typical household in ZIP 97365 in Newport, OR now reports about $64,363, up from $53,072 in 2021. Headcount in the area went from 10,761 to 11,066 between 2021 and 2024, a 2.8% change.

Community

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Local insights

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About renting in ZIP 97365

Last updated: June 22, 2026

ZIP code 97365 covers Newport, OR. The median rent here is $2,056/mo as of June 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,490/mo.

At 38% of local median household income ($64,363/yr), ZIP 97365 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97365?

As of June 22, 2026, the median monthly rent in ZIP 97365 (Newport, OR) is $2,056. This is based on aggregated data from public sources and community submissions.

How does ZIP 97365 rent compare to the US average?

ZIP 97365's median rent of $2,056/mo is $105 (5%) above the US national median of $1,951/mo.

How does ZIP 97365 compare to other ZIPs in Oregon?

ZIP 97365 is one of the pricier ZIP codes in Oregon, ranking #15 out of 115 ZIPs tracked at $2,056/mo.

How much income do you need to rent in ZIP 97365?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,056/mo in ZIP 97365. The local median household income is $64,363/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 97365?

Rent in ZIP 97365 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 97365 an affordable place to rent?

ZIP 97365 is considered moderate for renters. At $2,056/mo, rent takes approximately 38% of the local median household income ($64,363/yr). The standard benchmark is 30%. ZIP 97365 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 97365 residents rent vs. own?

According to Census data, approximately 39.6% of ZIP 97365 households are renters, while 60.4% are owner-occupied. ZIP 97365 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97365 compare to the rest of Newport?

ZIP 97365 is more affordable than Newport overall. At $2,056/mo, it's $36 below the Newport citywide median of $2,092/mo.

When was rent data for ZIP 97365 last updated?

Rent data for ZIP 97365 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
38%
MODERATE

At $2,056/mo, rent takes ~38% of ZIP 97365's median household income ($64,363/yr). The standard benchmark is 30%.

ZIP 97365 38%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97365 (Newport, OR)

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