Portland-Vancouver-Hillsboro, OR-WA · Oregon
Clackamas County
ZIP 97089
422,308 residents1,198 permits TTM$100,360 median HHI24 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$577,900
ACS 5-Year
Cap rate proxy
3.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.2%
HUD FMR ÷ ACS HHI
Net migration
+2.99%
IRS SOI
Permits (TTM)
1,198
Census BPS
Climate risk
94.9
FEMA NRI (0–100)
ZIP 97089
Median home value
—
Gross yield
—
Cap rate
5.5%
Rent gap
—
Affordability
P/I: 6.6R/I: 35.9%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown24 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 97089 | — | — | — | 5.5% | — |
| 97055 | — | — | — | 5.0% | — |
| 97049 | — | — | — | 4.9% | — |
| 97038 | — | — | — | 4.5% | — |
| 97067 | — | — | — | 4.5% | — |
| 97222 | — | — | — | 4.4% | — |
| 97027 | — | — | — | 4.4% | — |
| 97267 | — | — | — | 4.2% | — |
| 97013 | — | — | — | 4.0% | — |
| 97045 | — | — | — | 4.0% | — |
| 97023 | — | — | — | 3.8% | — |
| 97015 | — | — | — | 3.7% | — |
| 97068 | — | — | — | 3.5% | — |
| 97011 | — | — | — | 3.5% | — |
| 97028 | — | — | — | 3.5% | — |
| 97035 | — | — | — | 3.4% | — |
| 97086 | — | — | — | 3.3% | — |
| 97070 | — | — | — | 3.3% | — |
| 97017 | — | — | — | 3.2% | — |
| 97022 | — | — | — | 3.1% | — |
| 97034 | — | — | — | 3.0% | — |
| 97042 | — | — | — | 3.0% | — |
| 97009 | — | — | — | 2.9% | — |
| 97004 | — | — | — | 2.7% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
71.3%
Census ACS
Vacancy rate
5.7%
Census ACS
Bachelor's degree +
39.7%
Census ACS
Rent burdened
52.7%
Census ACS (>30% income)
Median age
42.1
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 16, 2026