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Home values, rents and more in ZIP code 97205 (Forest Park, Portland, OR)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$491,000
Metro: $539,000 · U.S.: $366,000
Home values, past year
+3.3%
Metro: −0.2% · U.S.: +1.2%
Typical rent
$1,617/mo
Metro: $1,803 · U.S.: $1,932
Rents, past year
−1.5%
Metro: +1.2% · U.S.: +2.9%
Population
9,121
ACS 2020–24
Median household income
$57,288
Metro: $97,436 · U.S.: $80,734
ZIP codes around 97205, shaded by typical home value972059722197214972019721297232972099722797204
  • Under $490k
  • $490k–$600k
  • $600k–$670k
  • $670k–$730k
  • $730k+
  • No data
ZIP codes around 97205, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 97205 is outlined.

How 97205 compares

The typical home in ZIP code 97205 (Forest Park, Portland, OR) is worth about $491,000, according to the Zillow Home Value Index for September 2026. Home values in 97205 are 9% below the typical value in the Portland metro area ($539,000) and 34% above the U.S. typical value ($366,000).

Over the past year, home values in 97205 rose 3.3%, compared with −0.2% in the Portland metro area and +1.2% nationally.

Typical rent is $1,617 a month (Zillow Observed Rent Index), 10% below the Portland metro area ($1,803) and 16% below the U.S. ($1,932). Rents fell 1.5% over the past year.

The median household income is $57,288, against $97,436 in the Portland metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 9,121 people live in 97205 (American Community Survey 2020–24).

97205 has the 47th-lowest typical home value of the 119 ZIP codes in the Portland metro area and the 122nd-highest of 339 in Oregon with Zillow figures.

Part of: Portland, OR · Multnomah County, OR · Portland metro area · Oregon

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These measures are on the map for subscribers. Open ProMap to see them for 97205 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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