Oregon
Morrow County
12,249 residents65 permits TTM$70,217 median HHI5 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$229,800
ACS 5-Year
Cap rate proxy
4.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.6%
HUD FMR ÷ ACS HHI
Net migration
+0.96%
IRS SOI
Permits (TTM)
65
Census BPS
Climate risk
26.4
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 97839 | — | — | — | 4.8% | — |
| 97843 | — | — | — | 4.8% | — |
| 97836 | — | — | — | 4.6% | — |
| 97844 | — | — | — | 3.5% | — |
| 97818 | — | — | — | 3.3% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
70.9%
Census ACS
Vacancy rate
10.2%
Census ACS
Bachelor's degree +
9.8%
Census ACS
Rent burdened
25.8%
Census ACS (>30% income)
Median age
36.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026