Gross rental yield of 4.4% — ranked #52 of 120 Oregon ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.6% | +17.3% |
| Market rent | +2.2% | — |
Metro: Salem, OR · County: Polk County · Annual rent: $22,260
Similar home values, sorted by yield — the cheapest way to see if 97304 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 97006 | Beaverton | OR | $500,275 | $1,841 | 4.42% | 22.6 | -3.9% |
| 97306 | Salem | OR | $499,133 | $1,811 | 4.35% | 23.0 | -0.1% |
| 97078 | Beaverton | OR | $497,397 | $1,797 | 4.34% | 23.1 | -3.5% |
| 97222 | Milwaukie | OR | $499,724 | $1,695 | 4.07% | 24.6 | +0.2% |
| 97217 | Portland | OR | $506,958 | $1,709 | 4.05% | 24.7 | -0.7% |
| 97321 | Albany | OR | $516,321 | $1,741 | 4.05% | 24.7 | +0.2% |
| 97205 | Portland | OR | $496,759 | $1,659 | 4.01% | 25.0 | +1.3% |
| 97138 | Arch Cape | OR | $509,107 | $1,653 | 3.90% | 25.7 | -1.3% |
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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