ZIP Code · OR

ZIP 97477

Part of Springfield, OR

Pop. 37,534·Lane County·90th most expensive ZIP in Oregon

Median rent (all units)

$1,610/mo

Year-over-Year

+2.2%

Month-over-Month

+0.3%

vs US Median

-$322

Reported rents

Stable (Monthly)

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ZIP 97477 · $1,610

More affordable than 65% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,170

1 BR

$1,230

2 BR

$1,610

3 BR

$2,240

4 BR+

$2,700

Research median

$1,610/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 97477 usually run 1% below trend in February and 0.8% above it in November, about $29 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 97477 is 0.5% below its high of $1,618 in March 2026, at $1,610 as of September 2026.

Past year vs. the rest of Oregon

Rent in ZIP 97477 changed +2.2% over the year to September 2026. Across the 106 Oregon ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($65,662) is $1,642 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,610); a 3-bedroom is $2,240.

From Zillow's monthly rent index (ZORI) for ZIP 97477. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,320/yr

At $1,610/mo median

Location

CitySpringfield

StateOR

CountyLane County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.2% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 97477 (Springfield, OR) is roughly split between renters and owners, has a median income below the national average, 23.3% of residents hold a bachelor's degree or higher.

Population

37,534

Median income

$65,662

Median age

39.1

Renters

47.2%

Age distribution

19.5%

24.8%

24.5%

12.8%

18.4%

Under 1819.5%

18–3424.8%

35–5424.5%

55–6412.8%

65+18.4%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

80.2%

14%

White80.2%

Black0.7%

Hispanic14%

Asian1.4%

Other3.6%

Education (25+)

26.4%

41.1%

23.3%

No HS diploma9.2%

HS diploma26.4%

Some college41.1%

Bachelor's+23.3%

Housing tenure

52.8%

47.2%

Owner52.8%

Renter47.2%

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

2022 vs 2026

How ZIP 97477 in Springfield, OR has changed in 5 years

Rent

$1,393 → $1,610

up 15.6%

Income

$52,639 → $65,662

up 24.7%

Population

37,631 → 37,534

down 0.3%

Renter share

50% → 47.2%

-2.8 pts

Bachelor's+

22% → 23.3%

+1.3 pts

Median age

39.6 → 39.1

-0.5 yrs

Compared with 2022, rent in ZIP 97477 in Springfield, OR has climbed by $217 per month, settling near $1,610 after starting the period at $1,393. On the earnings side, the typical household in ZIP 97477 in Springfield, OR now reports about $65,662, up from $52,639 in 2021. Income growth outran rent by about 9.1 percentage points, easing the affordability math somewhat compared with 2021. About 47.2% of households rent today, against 50% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 97477 in Springfield, OR reflects that arc in its own way.

Community

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About renting in ZIP 97477

Last updated: October 17, 2026

ZIP code 97477 covers Springfield, OR. The median rent here is $1,610/mo as of October 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,610/mo.

At 29% of local median household income ($65,662/yr), ZIP 97477 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 97477?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,610/mo in ZIP 97477. The local median household income is $65,662/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 97477?

Rent in ZIP 97477 has risen 2.2% over the past year as of September 2026. It sits 0.5% below its high of $1,618 in March 2026.

When is the cheapest time to rent in ZIP 97477?

Asking rents in ZIP 97477 are usually lowest in February, about 1% below their yearly trend, and highest in November, about 0.8% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 97477 compare to other ZIPs in Oregon?

ZIP 97477 is one of the more affordable among Oregon ZIP codes for rent, ranking #90 of 114 at $1,610/mo. Over the year to September 2026, rent in ZIP 97477 changed +2.2%, against a typical +1.6% across the 106 Oregon ZIP codes Zillow tracks.