Portland area rankings: ZIP codes and suburbs by home value, rent and income

September 2026 figures from Zillow and the U.S. Census Bureau · Portland-Vancouver-Hillsboro, OR-WA metro area · updated 2026-11-15

Typical home value

$539,000

−0.2% in a year · U.S.: $366,000

Typical rent

$1,803

+1.2% in a year · U.S.: $1,932

Median household income

$97,436

U.S.: $80,734

Population

2,542,282

Census estimate, July 2025

13 rankings for the Portland area

Cheapest ZIP codes in the Portland areaFirst place: ZIP code 97209 (Northwest, Portland, OR): $342,000 · 114 ZIP codes listed
Most expensive ZIP codes in the Portland areaFirst place: ZIP code 97034 (Lake Oswego, OR): $1,108,000 · 114 ZIP codes listed
Where home prices are falling in the Portland areaFirst place: ZIP code 97209 (Northwest, Portland, OR): −8.6% · 49 ZIP codes listed
Where home prices are rising fastest in the Portland areaFirst place: ZIP code 97232 (Kerns, Portland, OR): +4.5% · 58 ZIP codes listed
Cheapest rent in the Portland area, by ZIP codeFirst place: ZIP code 97233 (Centennial, Portland, OR): $1,487 · 77 ZIP codes listed
Highest rent in the Portland area, by ZIP codeFirst place: ZIP code 97034 (Lake Oswego, OR): $2,832 · 77 ZIP codes listed
Where rents are falling in the Portland areaFirst place: ZIP code 97024 (Fairview, OR): −4.6% · 15 ZIP codes listed
Where rents are rising fastest in the Portland areaFirst place: ZIP code 97128 (McMinnville, OR): +7.3% · 58 ZIP codes listed
Richest ZIP codes in the Portland area, by household incomeFirst place: ZIP code 97229 (Forest Park, Portland, OR): $161,570 · 114 ZIP codes listed
Cheapest suburbs of PortlandFirst place: Sheridan, OR: $398,000 · 37 suburbs listed
Most expensive suburbs of PortlandFirst place: Raleigh Hills, OR: $911,000 · 37 suburbs listed
Richest suburbs of Portland, by household incomeFirst place: West Linn, OR: $146,507 · 37 suburbs listed
Largest suburbs of Portland, by populationFirst place: Vancouver, WA: 195,300 · 37 suburbs listed

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Rankings for other metro areas

Sources

Home values: Zillow ZHVI (Sep 2026). Rents: Zillow ZORI (Sep 2026), seasonally adjusted (Zillow). Income and the population of ZIP codes, cities and towns: U.S. Census Bureau, ACS 2020–24 5-year estimates. ZIP codes with fewer than 1,000 residents and cities or towns with fewer than 5,000 are not ranked. Compiled by Home Economics.