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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 97204, Oregon?

$807/month 3.1%vs 2023 ($783)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 97204, Oregon (ZIP 97204) is $807/month (±$209), based on Census ACS 5-Year estimates (2024). The median home value is , and the median household income is /year. The unemployment rate in Multnomah County, Oregon was 4.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 97204

MetricValue
Median Gross Rent$807
Median Home Value
Median Household Income
Total Housing Units392
Renter-Occupied Units373
Renter-Occupied Share95%
Households Paying 50%+ Income100 households
Unemployment Rate(April 2026)4.8%

How does ZIP 97204 compare?

Median gross rent ranked against all ZIP codes in Oregon.

Higher rent than 10% of ZIP codes in Oregon · 297th of 330

Cheapest: ZCTA5 97738($441)
Priciest: ZCTA5 97089($2,605)
#ZIP codeValue
1ZCTA5 97089$2,605
2ZCTA5 97438$2,257
3ZCTA5 97034$2,241
… 293 more …
297ZCTA5 97204(you are here)$807
… 30 more …
328ZCTA5 97738$441
329ZCTA5 97840$420
330ZCTA5 97911$275

Geography

ZIP 97204 is in Multnomah County, Oregon.

It covers part of Portland city, Oregon.

Frequently asked questions

What is the average rent in ZCTA5 97204, Oregon?

The median gross rent in ZCTA5 97204, Oregon (ZIP 97204) is $807/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 97204, Oregon?

The median rent for a 2-bedroom in ZCTA5 97204, Oregon is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 97204, Oregon?

The median home value in ZCTA5 97204, Oregon (ZIP 97204) is not available according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 97204 are rent-burdened?

In ZCTA5 97204, Oregon, 100 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 97204, Oregon?

The median household income in ZCTA5 97204, Oregon is not available according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $807 has a margin of error of ±$209. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.