ZIP Code · OR

ZIP 97381

Pop. 15,405·Marion County·50th most expensive ZIP in Oregon
Median rent (all units)
$1,775/mo
Year-over-Year
Stable
Month-over-Month
-2.3%
vs US Median
-$187
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97381 · $1,775
More affordable than 53% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,340
2 BR
$1,740
3 BR
$2,410
4 BR+
$2,610
Research median
$1,740/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: August 17, 2026

Annual cost
$21,300/yr
At $1,775/mo median
Location
StateOR
CountyMarion County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.3% MoM), not inventory.
Demographics

Who lives here

ZIP 97381 (Silverton, OR) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 30.9% of residents hold a bachelor's degree or higher.

Population
15,405
Median income
$89,383
Median age
41
Renters
32.3%
Age distribution
25.2%
16.6%
24.2%
15%
19%
Under 1825.2%
18–3416.6%
35–5424.2%
55–6415%
65+19%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
79.2%
12.9%
White79.2%
Black1.1%
Hispanic12.9%
Other6.5%
Education (25+)
22.7%
38.9%
30.9%
No HS diploma7.5%
HS diploma22.7%
Some college38.9%
Bachelor's+30.9%
Housing tenure
67.7%
32.3%
Owner67.7%
Renter32.3%

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

2021 vs 2026

How ZIP 97381 in Silverton, OR has changed in 5 years

Income
$76,714 → $89,383
up 16.5%
Population
16,217 → 15,405
down 5.0%
Renter share
34.2% → 32.3%
-1.9 pts
Bachelor's+
29% → 30.9%
+1.9 pts
Median age
40.2 → 41
+0.8 yrs

Median household income climbed from $76,714 to $89,383 between 2021 and 2024, a 16.5% shift. Census counts show ZIP 97381 in Silverton, OR losing about 812 residents over the five-year window, down 5.0% on net. The renter share has eased from 34.2% to 32.3%, with owner-occupied housing accounting for the remainder.

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Local insights

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About renting in ZIP 97381

Last updated: August 17, 2026

ZIP code 97381 covers Silverton, OR. The median rent here is $1,775/mo as of August 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,740/mo.

At 24% of local median household income ($89,383/yr), ZIP 97381 ranks as affordable 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 97381?

As of August 17, 2026, the median monthly rent in ZIP 97381 (Silverton, OR) is $1,775. This is based on aggregated data from public sources and community submissions.

How does ZIP 97381 rent compare to the US average?

ZIP 97381's median rent of $1,775/mo is $187 (10%) below the US national median of $1,962/mo.

How does ZIP 97381 compare to other ZIPs in Oregon?

ZIP 97381 falls in the middle range for Oregon, ranking #50 out of 115 ZIPs at $1,775/mo.

How much income do you need to rent in ZIP 97381?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,775/mo in ZIP 97381. The local median household income is $89,383/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97381?

Rent in ZIP 97381 has been relatively stable over the past year, with a 0.0% change year over year as of August 17, 2026.

Is ZIP 97381 an affordable place to rent?

ZIP 97381 is considered very affordable for renters. At $1,775/mo, rent takes approximately 24% of the local median household income ($89,383/yr). The standard benchmark is 30%. ZIP 97381 falls comfortably within that range.

What percentage of ZIP 97381 residents rent vs. own?

According to Census data, approximately 32.3% of ZIP 97381 households are renters, while 67.7% are owner-occupied. ZIP 97381 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97381 compare to the rest of Silverton?

ZIP 97381 sits right at the Silverton citywide median of $1,775/mo.

When was rent data for ZIP 97381 last updated?

Rent data for ZIP 97381 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,775/mo, rent takes ~24% of ZIP 97381's median household income ($89,383/yr). The standard benchmark is 30%.

ZIP 97381 24%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97381 (Silverton, OR)

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