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Home values, rents and more in ZIP code 97355 (Lebanon, OR)

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

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Typical home value
$392,000
Metro: $408,000 · U.S.: $366,000
Home values, past year
+0.5%
Metro: +0.3% · U.S.: +1.2%
Typical rent
$1,531/mo
Metro: $1,635 · U.S.: $1,932
Rents, past year
+1.1%
Metro: +1.2% · U.S.: +2.9%
Population
34,292
ACS 2020–24
Median household income
$68,595
Metro: $76,329 · U.S.: $80,734
ZIP codes around 97355, shaded by typical home value97355973749738697322973279732197348973459737797389
  • Under $400k
  • $400k–$450k
  • $450k–$480k
  • $480k–$540k
  • $540k+
  • No data
ZIP codes around 97355, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 97355 is outlined.

How 97355 compares

The typical home in ZIP code 97355 (Lebanon, OR) is worth about $392,000, according to the Zillow Home Value Index for September 2026. Home values in 97355 are 4% below the typical value in the Albany metro area ($408,000) and 7% above the U.S. typical value ($366,000).

Over the past year, home values in 97355 rose 0.5%, compared with +0.3% in the Albany metro area and +1.2% nationally.

Typical rent is $1,531 a month (Zillow Observed Rent Index), 6% below the Albany metro area ($1,635) and 21% below the U.S. ($1,932). Rents rose 1.1% over the past year.

The median household income is $68,595, against $76,329 in the Albany metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 34,292 people live in 97355 (American Community Survey 2020–24).

97355 has the 2nd-lowest typical home value of the 12 ZIP codes in the Albany metro area and the 98th-lowest of 339 in Oregon with Zillow figures.

Part of: Lebanon, OR · Linn County, OR · Albany metro area · Oregon

More for 97355 in ProMap Plus

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  • 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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