RentYield Atlas

ZIP 97233 — Portland, OR: rental yield & market data

Gross rental yield of 4.62% — ranked #44 of 120 Oregon ZIP codes. June 2026 data.

Gross rental yield
4.62%
Home value
$405,891
Market rent / mo
$1,561
Price-to-rent
21.7

Trend

Metric1-year change5-year change
Home value+0.4% +4.0%
Market rent-2.1%

Metro: Portland-Vancouver-Hillsboro, OR-WA · County: Multnomah County · Annual rent: $18,732

Comparable ZIP codes in Oregon

Similar home values, sorted by yield — the cheapest way to see if 97233 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
97739La PineOR$409,198$2,0085.89%17.0-3.0%
97402EugeneOR$408,733$1,8055.30%18.9+0.4%
97266PortlandOR$404,263$1,7815.29%18.9-0.7%
97322AlbanyOR$409,791$1,7395.09%19.6+0.2%
97058The DallesOR$397,965$1,6324.92%20.3+2.3%
97355LebanonOR$396,577$1,5954.83%20.7+0.3%
97477SpringfieldOR$408,872$1,6314.79%20.9+0.2%
97424Cottage GroveOR$406,339$1,4454.27%23.4-0.1%

Top rental yields in all of Oregon →

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