RentDataNowRentDataNow
ZIP Code · OR

ZIP 97370

Pop. 9,521·Benton County·37th most expensive ZIP in Oregon
Median rent (all units)
$1,831/mo
Year-over-Year
-8.5%
Month-over-Month
+9.2%
vs US Median
-$134
Rising (Monthly)
Be the first to discuss 97370 rents ↓
Most AffordableMost Expensive
ZIP 97370 · $1,831
More expensive than 50% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,260
2 BR
$1,590
3 BR
$2,210
4 BR+
$2,490
Research median
$1,590/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$21,972/yr
At $1,831/mo median
Location
StateOR
CountyBenton County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (-8.5% YoY, +9.2% MoM), not inventory.
Demographics

Who lives here

ZIP 97370 (Philomath, OR) is majority owner-occupied, has a large retiree population, 47.2% of residents hold a bachelor's degree or higher.

Population
9,521
Median income
$88,091
Median age
44.5
Renters
20.9%
Age distribution
16.5%
20.7%
23.1%
15.7%
24.1%
Under 1816.5%
18–3420.7%
35–5423.1%
55–6415.7%
65+24.1%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
85.7%
White85.7%
Hispanic4.6%
Asian2.3%
Other7.3%
Education (25+)
16.7%
31.8%
47.2%
No HS diploma4.3%
HS diploma16.7%
Some college31.8%
Bachelor's+47.2%
Housing tenure
79.1%
20.9%
Owner79.1%
Renter20.9%

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

2021 vs 2026

How ZIP 97370 in Philomath, OR has changed in 5 years

Income
$84,792 → $88,091
up 3.9%
Population
9,378 → 9,521
up 1.5%
Renter share
24.8% → 20.9%
-3.9 pts
Bachelor's+
45.2% → 47.2%
+2.0 pts
Median age
42.8 → 44.5
+1.7 yrs

Census figures show median household income at $88,091 today, compared with $84,792 five years earlier. The population has grown by 1.5% since 2021, moving from about 9,378 residents to roughly 9,521. Renters now make up 20.9% of households, compared with 24.8% five years ago. College-educated residents now make up 47.2% of adults here, versus 45.2% in 2021.

Community

Discussions about ZIP 97370

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 97370

About renting in ZIP 97370

Last updated: July 20, 2026

ZIP code 97370 covers Philomath, OR. The median rent here is $1,831/mo as of July 2026. A 1-bedroom rents for a median of $1,260/mo. A 2-bedroom rents for a median of $1,590/mo.

At 25% of local median household income ($88,091/yr), ZIP 97370 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 8.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97370?

As of July 20, 2026, the median monthly rent in ZIP 97370 (Philomath, OR) is $1,831. This is based on aggregated data from public sources and community submissions.

How does ZIP 97370 rent compare to the US average?

ZIP 97370's median rent of $1,831/mo is $134 (7%) below the US national median of $1,965/mo.

How does ZIP 97370 compare to other ZIPs in Oregon?

ZIP 97370 is one of the pricier ZIP codes in Oregon, ranking #37 out of 116 ZIPs tracked at $1,831/mo.

How much income do you need to rent in ZIP 97370?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,831/mo in ZIP 97370. The local median household income is $88,091/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97370?

Rent in ZIP 97370 has decreased 8.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97370 an affordable place to rent?

ZIP 97370 is considered affordable for renters. At $1,831/mo, rent takes approximately 25% of the local median household income ($88,091/yr). The standard benchmark is 30%. ZIP 97370 falls comfortably within that range.

What percentage of ZIP 97370 residents rent vs. own?

According to Census data, approximately 20.9% of ZIP 97370 households are renters, while 79.1% are owner-occupied. ZIP 97370 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97370 compare to the rest of Philomath?

ZIP 97370 sits right at the Philomath citywide median of $1,831/mo.

When was rent data for ZIP 97370 last updated?

Rent data for ZIP 97370 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,831/mo, rent takes ~25% of ZIP 97370's median household income ($88,091/yr). The standard benchmark is 30%.

ZIP 97370 25%Benchmark 30%
State income tax4.75–9.9%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 97370 (Philomath, OR)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.