RentYield Atlas

ZIP 97215 — Portland, OR: rental yield & market data

Gross rental yield of 2.82% — ranked #119 of 120 Oregon ZIP codes. June 2026 data.

Gross rental yield
2.82%
Home value
$664,748
Market rent / mo
$1,562
Price-to-rent
35.5

Trend

Metric1-year change5-year change
Home value+2.3% -0.1%
Market rent+6.0% +20.5%

Metro: Portland-Vancouver-Hillsboro, OR-WA · County: Multnomah County · Annual rent: $18,744

Comparable ZIP codes in Oregon

Similar home values, sorted by yield — the cheapest way to see if 97215 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
97702BendOR$686,429$2,3474.10%24.4-2.5%
97062TualatinOR$641,738$1,8533.47%28.9-1.7%
97219PortlandOR$646,341$1,8413.42%29.3-0.8%
97070WilsonvilleOR$635,303$1,7963.39%29.5-1.5%
97086Happy ValleyOR$692,591$1,8223.16%31.7-1.1%
97202PortlandOR$639,827$1,6223.04%32.9+0.7%
97214PortlandOR$690,117$1,6922.94%34.0+2.5%
97232PortlandOR$670,831$1,5772.82%35.4+2.7%

Top rental yields in all of Oregon →

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