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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 97301, Oregon?

$1,278/month 6.8%vs 2023 ($1,197)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 97301, Oregon (ZIP 97301) is $1,278/month (±$55), based on Census ACS 5-Year estimates (2024). The median home value is $341,000 (±$8,107), and the median household income is $60,422/year. The unemployment rate in Marion County, Oregon was 4.6% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 97301

MetricValue
Median Gross Rent$1,278
Median Home Value$341,000
Median Household Income$60,422
Total Housing Units20,426
Renter-Occupied Units11,692
Renter-Occupied Share57%
Households Paying 50%+ Income3,089 households
Unemployment Rate(April 2026)4.6%

How does ZIP 97301 compare?

Median gross rent ranked against all ZIP codes in Oregon.

Higher rent than 52% of ZIP codes in Oregon · 159th 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
… 155 more …
159ZCTA5 97301(you are here)$1,278
… 168 more …
328ZCTA5 97738$441
329ZCTA5 97840$420
330ZCTA5 97911$275

Geography

ZIP 97301 is in Marion County, Oregon.

It covers part of Salem city, Oregon.

More data for ZCTA5 97301

Frequently asked questions

What is the average rent in ZCTA5 97301, Oregon?

The median gross rent in ZCTA5 97301, Oregon (ZIP 97301) is $1,278/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 97301, Oregon?

The median rent for a 2-bedroom in ZCTA5 97301, 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 97301, Oregon?

The median home value in ZCTA5 97301, Oregon (ZIP 97301) is $341,000 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 97301 are rent-burdened?

In ZCTA5 97301, Oregon, 3,089 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 97301, Oregon?

The median household income in ZCTA5 97301, Oregon is $60,422/year 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 $1,278 has a margin of error of ±$55. 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.