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ZIP Code · OR

ZIP 97603

Pop. 33,222·Klamath County·114th most expensive ZIP in Oregon
Median rent (all units)
$1,314/mo
Year-over-Year
-6.8%
Month-over-Month
+1.6%
vs US Median
-$651
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97603 · $1,314
More affordable than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$1,010
2 BR
$1,310
3 BR
$1,820
4 BR+
$2,200
Research median
$1,310/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
$15,768/yr
At $1,314/mo median
Location
StateOR
CountyKlamath County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 6.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-6.8% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 97603 (Klamath Falls, OR) is majority owner-occupied, has a large retiree population, 23.4% of residents hold a bachelor's degree or higher.

Population
33,222
Median income
$66,937
Median age
38.7
Renters
29.7%
Age distribution
24.4%
20.4%
24.2%
20.3%
Under 1824.4%
18–3420.4%
35–5424.2%
55–6410.6%
65+20.3%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
76%
15.1%
White76%
Black0.9%
Hispanic15.1%
Asian0.6%
Other7.4%
Education (25+)
34%
33.6%
23.4%
No HS diploma9%
HS diploma34%
Some college33.6%
Bachelor's+23.4%
Housing tenure
70.3%
29.7%
Owner70.3%
Renter29.7%

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

2021 vs 2026

How ZIP 97603 in Klamath Falls, OR has changed in 5 years

Income
$56,549 → $66,937
up 18.4%
Population
30,950 → 33,222
up 7.3%
Renter share
33.9% → 29.7%
-4.2 pts
Bachelor's+
22.8% → 23.4%
+0.6 pts
Median age
39.8 → 38.7
-1.1 yrs

Household income in the area moved from $56,549 to $66,937 across the same window, up 18.4% versus 2021. The population has grown by 7.3% since 2021, moving from about 30,950 residents to roughly 33,222. Renters now make up 29.7% of households, compared with 33.9% five years ago.

Community

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Local insights

Tips for renters in ZIP 97603

About renting in ZIP 97603

Last updated: July 20, 2026

ZIP code 97603 covers Klamath Falls, OR. The median rent here is $1,314/mo as of July 2026. A 1-bedroom rents for a median of $1,010/mo. A 2-bedroom rents for a median of $1,310/mo.

At 24% of local median household income ($66,937/yr), ZIP 97603 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97603?

As of July 20, 2026, the median monthly rent in ZIP 97603 (Klamath Falls, OR) is $1,314. This is based on aggregated data from public sources and community submissions.

How does ZIP 97603 rent compare to the US average?

ZIP 97603's median rent of $1,314/mo is $651 (33%) below the US national median of $1,965/mo.

How does ZIP 97603 compare to other ZIPs in Oregon?

ZIP 97603 is among the more affordable ZIP codes in Oregon, ranking #114 out of 116 ZIPs at $1,314/mo.

How much income do you need to rent in ZIP 97603?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,314/mo in ZIP 97603. The local median household income is $66,937/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97603?

Rent in ZIP 97603 has decreased 6.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97603 an affordable place to rent?

ZIP 97603 is considered very affordable for renters. At $1,314/mo, rent takes approximately 24% of the local median household income ($66,937/yr). The standard benchmark is 30%. ZIP 97603 falls comfortably within that range.

What percentage of ZIP 97603 residents rent vs. own?

According to Census data, approximately 29.7% of ZIP 97603 households are renters, while 70.3% are owner-occupied. ZIP 97603 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97603 compare to the rest of Klamath Falls?

ZIP 97603 is pricier than Klamath Falls as a whole. At $1,314/mo, it's $57 above the Klamath Falls citywide median of $1,257/mo.

When was rent data for ZIP 97603 last updated?

Rent data for ZIP 97603 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,314/mo, rent takes ~24% of ZIP 97603's median household income ($66,937/yr). The standard benchmark is 30%.

ZIP 97603 24%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97603 (Klamath Falls, OR)

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