Gross rental yield of 5.02% — ranked #24 of 120 Oregon ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.3% | +21.4% |
| Market rent | +0.6% | — |
Metro: Salem, OR · County: Polk County · Annual rent: $21,732
Similar home values, sorted by yield — the cheapest way to see if 97351 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 97502 | Central Point | OR | $426,753 | $2,032 | 5.72% | 17.5 | +1.0% |
| 97071 | Woodburn | OR | $428,160 | $1,785 | 5.00% | 20.0 | +0.5% |
| 97051 | Saint Helens | OR | $430,025 | $1,777 | 4.96% | 20.2 | -0.4% |
| 97220 | Portland | OR | $432,789 | $1,636 | 4.54% | 22.0 | -0.4% |
| 97754 | Prineville | OR | $436,825 | $1,653 | 4.54% | 22.0 | +0.5% |
| 97236 | Portland | OR | $438,406 | $1,624 | 4.44% | 22.5 | +0.0% |
| 97216 | Portland | OR | $430,839 | $1,556 | 4.33% | 23.1 | -0.4% |
| 97201 | Portland | OR | $437,116 | $1,559 | 4.28% | 23.4 | -3.9% |
Top rental yields in all of Oregon →
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