Gross rental yield of 5.35% — ranked #10 of 120 Oregon ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -3.6% | +7.2% |
| Market rent | -2.3% | +15.2% |
Metro: Portland-Vancouver-Hillsboro, OR-WA · County: Washington County · Annual rent: $28,068
Similar home values, sorted by yield — the cheapest way to see if 97123 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 97055 | Sandy | OR | $523,556 | $2,218 | 5.08% | 19.7 | -0.3% |
| 97756 | Redmond | OR | $517,437 | $2,033 | 4.72% | 21.2 | -0.8% |
| 97333 | Corvallis | OR | $532,342 | $1,917 | 4.32% | 23.1 | -0.9% |
| 97370 | Philomath | OR | $531,672 | $1,831 | 4.13% | 24.2 | -0.4% |
| 97027 | Gladstone | OR | $521,309 | $1,734 | 3.99% | 25.0 | -0.3% |
| 97116 | Forest Grove | OR | $529,505 | $1,738 | 3.94% | 25.4 | -1.8% |
| 97401 | Eugene | OR | $524,624 | $1,690 | 3.86% | 25.9 | -0.3% |
| 97080 | Gresham | OR | $523,217 | $1,674 | 3.84% | 26.0 | -0.1% |
Top rental yields in all of Oregon →
Screening more than one ZIP? Get every Oregon ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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