Portland-Vancouver-Hillsboro, OR-WA · Oregon

Washington County

ZIP 97005

600,266 residents1,847 permits TTM$104,434 median HHI23 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$558,500

ACS 5-Year

Cap rate proxy

3.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.4%

HUD FMR ÷ ACS HHI

Net migration

+2.73%

IRS SOI

Permits (TTM)

1,847

Census BPS

Climate risk

96.0

FEMA NRI (0–100)

ZIP 97005

Median home value

Gross yield

Buy Box score

0.4

Section 8 gap

Affordability

P/I: 4.6R/I: 20.1%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown23 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
971135.5%
971235.1%
971404.6%
970054.4%
970064.3%
971244.2%
970034.1%
970074.0%
971164.0%
972233.9%
970783.8%
971093.8%
971173.8%
971253.8%
971443.8%
971333.7%
970083.7%
972243.6%
971063.4%
971193.3%
972293.3%
970623.2%
972252.7%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

60.9%

Census ACS

Vacancy rate

3.3%

Census ACS

Bachelor's degree +

46.7%

Census ACS

Rent burdened

47.4%

Census ACS (>30% income)

Median age

37.8

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