Eugene-Springfield, OR · Oregon

Lane County

ZIP 97489

382,628 residents1,492 permits TTM$69,311 median HHI35 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$395,800

ACS 5-Year

Cap rate proxy

3.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.3%

HUD FMR ÷ ACS HHI

Net migration

+1.62%

IRS SOI

Permits (TTM)

1,492

Census BPS

Climate risk

96.4

FEMA NRI (0–100)

ZIP 97489

Median home value

Gross yield

Cap rate

2.7%

Rent gap

Affordability

P/I: 8.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown35 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
974635.5%
974803.9%
974923.9%
974244.0%
974533.9%

Ranked by composite score

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Demographics

Owner-occupied

59.4%

Census ACS

Vacancy rate

5.2%

Census ACS

Bachelor's degree +

33.4%

Census ACS

Rent burdened

50.8%

Census ACS (>30% income)

Median age

40.2

Census ACS

Data sources
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 16, 2026