RentYield Atlas

ZIP 97116 — Forest Grove, OR: rental yield & market data

Gross rental yield of 3.94% — ranked #81 of 120 Oregon ZIP codes. June 2026 data.

Gross rental yield
3.94%
Home value
$529,505
Market rent / mo
$1,738
Price-to-rent
25.4

Trend

Metric1-year change5-year change
Home value-1.8% +9.2%
Market rent-3.0%

Metro: Portland-Vancouver-Hillsboro, OR-WA · County: Washington County · Annual rent: $20,856

Comparable ZIP codes in Oregon

Similar home values, sorted by yield — the cheapest way to see if 97116 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
97123HillsboroOR$524,858$2,3395.35%18.7-3.6%
97055SandyOR$523,556$2,2185.08%19.7-0.3%
97132NewbergOR$540,514$2,0984.66%21.5-1.8%
97333CorvallisOR$532,342$1,9174.32%23.1-0.9%
97370PhilomathOR$531,672$1,8314.13%24.2-0.4%
97027GladstoneOR$521,309$1,7343.99%25.0-0.3%
97401EugeneOR$524,624$1,6903.86%25.9-0.3%
97080GreshamOR$523,217$1,6743.84%26.0-0.1%

Top rental yields in all of Oregon →

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