Oregon
Wallowa County
7,532 residents18 permits TTM$65,559 median HHI5 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$371,900
ACS 5-Year
Cap rate proxy
2.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.7%
HUD FMR ÷ ACS HHI
Net migration
+0.68%
IRS SOI
Permits (TTM)
18
Census BPS
Climate risk
34.0
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 97885 | $326,690 | $1,149 | 4.2% | 3.2% | 25.3% |
| 97842 | $371,900county est. | $1,149 | 3.7% | 2.8% | 25.3% |
| 97857 | $371,900county est. | $1,149 | 3.7% | 2.8% | 25.3% |
| 97828 | $413,703 | $1,149 | 3.3% | 2.5% | 25.3% |
| 97846 | $485,241 | $1,149 | 2.8% | 2.1% | 25.3% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
76.4%
Census ACS
Vacancy rate
22.6%
Census ACS
Bachelor's degree +
36.9%
Census ACS
Rent burdened
26.1%
Census ACS (>30% income)
Median age
50.2
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