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ZIP Code · OR

ZIP 97420

Part of Coos Bay, OR
Pop. 27,621·Coos County·86th most expensive ZIP in Oregon
Median rent (all units)
$1,632/mo
Year-over-Year
+16.7%
Month-over-Month
+0.6%
vs US Median
-$333
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97420 · $1,632
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$940
2 BR
$1,210
3 BR
$1,680
4 BR+
$2,030
Research median
$1,210/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
$19,584/yr
At $1,632/mo median
Location
StateOR
CountyCoos County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.7% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 97420 (Coos Bay, OR) is majority owner-occupied, has a large retiree population, has a median income below the national average, 21.2% of residents hold a bachelor's degree or higher.

Population
27,621
Median income
$61,574
Median age
44.8
Renters
32.7%
Age distribution
18.1%
19.6%
22.6%
15%
24.6%
Under 1818.1%
18–3419.6%
35–5422.6%
55–6415%
65+24.6%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
83.9%
White83.9%
Black0.9%
Hispanic9.8%
Asian1.4%
Other4.1%
Education (25+)
30.4%
38.3%
21.2%
No HS diploma10%
HS diploma30.4%
Some college38.3%
Bachelor's+21.2%
Housing tenure
67.3%
32.7%
Owner67.3%
Renter32.7%

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

2021 vs 2026

How ZIP 97420 in Coos Bay, OR has changed in 5 years

Income
$53,080 → $61,574
up 16.0%
Population
27,622 → 27,621
up 0.0%
Renter share
34.5% → 32.7%
-1.8 pts
Bachelor's+
18.7% → 21.2%
+2.5 pts
Median age
44.1 → 44.8
+0.7 yrs

Local incomes tracked alongside that move, going from a median of $53,080 in 2021 to $61,574 more recently. Renters now make up 32.7% of households, compared with 34.5% five years ago. College-educated residents now make up 21.2% of adults here, versus 18.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 97420

About renting in ZIP 97420

Last updated: July 20, 2026

ZIP code 97420 covers Coos Bay, OR. The median rent here is $1,632/mo as of July 2026. A 1-bedroom rents for a median of $940/mo. A 2-bedroom rents for a median of $1,210/mo.

At 32% of local median household income ($61,574/yr), ZIP 97420 ranks as moderate compared to the national benchmark of 30%. Rents have increased 16.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97420?

As of July 20, 2026, the median monthly rent in ZIP 97420 (Coos Bay, OR) is $1,632. This is based on aggregated data from public sources and community submissions.

How does ZIP 97420 rent compare to the US average?

ZIP 97420's median rent of $1,632/mo is $333 (17%) below the US national median of $1,965/mo.

How does ZIP 97420 compare to other ZIPs in Oregon?

ZIP 97420 is among the more affordable ZIP codes in Oregon, ranking #86 out of 116 ZIPs at $1,632/mo.

How much income do you need to rent in ZIP 97420?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,632/mo in ZIP 97420. The local median household income is $61,574/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 97420?

Rent in ZIP 97420 has increased 16.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97420 an affordable place to rent?

ZIP 97420 is considered moderate for renters. At $1,632/mo, rent takes approximately 32% of the local median household income ($61,574/yr). The standard benchmark is 30%. ZIP 97420 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 97420 residents rent vs. own?

According to Census data, approximately 32.7% of ZIP 97420 households are renters, while 67.3% are owner-occupied. ZIP 97420 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97420 compare to the rest of Coos Bay?

ZIP 97420 sits right at the Coos Bay citywide median of $1,632/mo.

When was rent data for ZIP 97420 last updated?

Rent data for ZIP 97420 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,632/mo, rent takes ~32% of ZIP 97420's median household income ($61,574/yr). The standard benchmark is 30%.

ZIP 97420 32%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97420 (Coos Bay, OR)

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