Portland-Vancouver-Hillsboro, OR-WA · Oregon
Multnomah County
ZIP 97227
803,863 residents1,560 permits TTM$86,247 median HHI34 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$528,000
ACS 5-Year
Cap rate proxy
3.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
22.0%
HUD FMR ÷ ACS HHI
Net migration
+3.25%
IRS SOI
Permits (TTM)
1,560
Census BPS
Climate risk
98.5
FEMA NRI (0–100)
ZIP 97227
Median home value
—
Gross yield
—
Buy Box score
0.2
Section 8 gap
—
Affordability
P/I: 6.4R/I: 22.8%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown34 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 97204 | — | — | — | 1.0 | — |
| 97209 | — | — | — | 0.9 | — |
| 97266 | — | — | — | 0.8 | — |
| 97216 | — | — | — | 0.7 | — |
| 97233 | — | — | — | 0.6 | — |
| 97218 | — | — | — | 0.6 | — |
| 97220 | — | — | — | 0.6 | — |
| 97206 | — | — | — | 0.6 | — |
| 97030 | — | — | — | 0.5 | — |
| 97203 | — | — | — | 0.5 | — |
| 97236 | — | — | — | 0.5 | — |
| 97201 | — | — | — | 0.5 | — |
| 97019 | — | — | — | 0.5 | — |
| 97024 | — | — | — | 0.5 | — |
| 97060 | — | — | — | 0.5 | — |
| 97230 | — | — | — | 0.4 | — |
| 97205 | — | — | — | 0.4 | — |
| 97231 | — | — | — | 0.4 | — |
| 97217 | — | — | — | 0.4 | — |
| 97080 | — | — | — | 0.3 | — |
| 97211 | — | — | — | 0.3 | — |
| 97213 | — | — | — | 0.3 | — |
| 97227 | — | — | — | 0.2 | — |
| 97239 | — | — | — | 0.2 | — |
| 97219 | — | — | — | 0.2 | — |
| 97202 | — | — | — | 0.1 | — |
| 97215 | — | — | — | 0.1 | — |
| 97232 | — | — | — | 0.1 | — |
| 97214 | — | — | — | 0.1 | — |
| 97210 | — | — | — | 0.1 | — |
| 97212 | — | — | — | 0.1 | — |
| 97221 | — | — | — | 0.1 | — |
| 97208 | — | — | — | — | — |
| 97258 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
54.1%
Census ACS
Vacancy rate
5.5%
Census ACS
Bachelor's degree +
48.6%
Census ACS
Rent burdened
50.0%
Census ACS (>30% income)
Median age
38.5
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