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ZIP Code · OR

ZIP 97424

Pop. 18,357·Lane County·111th most expensive ZIP in Oregon
Median rent (all units)
$1,445/mo
Year-over-Year
Stable
Month-over-Month
-2.2%
vs US Median
-$520
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97424 · $1,445
More affordable than 77% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,130
2 BR
$1,490
3 BR
$2,070
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: July 20, 2026

Annual cost
$17,340/yr
At $1,445/mo median
Location
StateOR
CountyLane 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, -2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 97424 (Cottage Grove, OR) is majority owner-occupied, 21.7% of residents hold a bachelor's degree or higher.

Population
18,357
Median income
$79,688
Median age
42.6
Renters
30.4%
Age distribution
21%
18.9%
27%
13.1%
19.9%
Under 1821%
18–3418.9%
35–5427%
55–6413.1%
65+19.9%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
83.4%
White83.4%
Hispanic8.8%
Asian1.9%
Other5.7%
Education (25+)
28.4%
43.3%
21.7%
No HS diploma6.6%
HS diploma28.4%
Some college43.3%
Bachelor's+21.7%
Housing tenure
69.6%
30.4%
Owner69.6%
Renter30.4%

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

2021 vs 2026

How ZIP 97424 in Cottage Grove, OR has changed in 5 years

Income
$55,549 → $79,688
up 43.5%
Population
18,423 → 18,357
down 0.4%
Renter share
33.1% → 30.4%
-2.7 pts
Bachelor's+
21.2% → 21.7%
+0.5 pts
Median age
43.3 → 42.6
-0.7 yrs

Household income in the area moved from $55,549 to $79,688 across the same window, up 43.5% versus 2021. The renter share has eased from 33.1% to 30.4%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 97424

About renting in ZIP 97424

Last updated: July 20, 2026

ZIP code 97424 covers Cottage Grove, OR. The median rent here is $1,445/mo as of July 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,490/mo.

At 22% of local median household income ($79,688/yr), ZIP 97424 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 97424?

As of July 20, 2026, the median monthly rent in ZIP 97424 (Cottage Grove, OR) is $1,445. This is based on aggregated data from public sources and community submissions.

How does ZIP 97424 rent compare to the US average?

ZIP 97424's median rent of $1,445/mo is $520 (26%) below the US national median of $1,965/mo.

How does ZIP 97424 compare to other ZIPs in Oregon?

ZIP 97424 is among the more affordable ZIP codes in Oregon, ranking #111 out of 116 ZIPs at $1,445/mo.

How much income do you need to rent in ZIP 97424?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,445/mo in ZIP 97424. The local median household income is $79,688/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97424?

Rent in ZIP 97424 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 97424 an affordable place to rent?

ZIP 97424 is considered very affordable for renters. At $1,445/mo, rent takes approximately 22% of the local median household income ($79,688/yr). The standard benchmark is 30%. ZIP 97424 falls comfortably within that range.

What percentage of ZIP 97424 residents rent vs. own?

According to Census data, approximately 30.4% of ZIP 97424 households are renters, while 69.6% are owner-occupied. ZIP 97424 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97424 compare to the rest of Cottage Grove?

ZIP 97424 sits right at the Cottage Grove citywide median of $1,445/mo.

When was rent data for ZIP 97424 last updated?

Rent data for ZIP 97424 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,445/mo, rent takes ~22% of ZIP 97424's median household income ($79,688/yr). The standard benchmark is 30%.

ZIP 97424 22%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97424 (Cottage Grove, OR)

Recent submissions

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