Most Affordable ZIP Codes in Albany-Lebanon, OR (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 97386 Sweet Home, OR $351,740 $1,548 3.43% 3.5%
2 97360 Mill City, OR $367,532 $1,251 2.65% 4.0%
3 97355 Lebanon, OR $397,231 $1,565 3.07% 3.8%
4 97348 Halsey, OR $404,058 $1,710 3.30% 3.5%
5 97322 Albany, OR $408,883 $1,718 3.28% 3.9%
6 97446 Harrisburg, OR $416,602 $1,278 2.39% 3.6%
7 97327 Brownsville, OR $448,551 $1,413 2.46% 3.5%
8 97389 Tangent, OR $470,237 $1,908 3.16% 4.7%
9 97346 Gates, OR $481,329 $1,260 2.04% 3.7%
10 97345 Sweet Home, OR $497,598 $1,305 2.05% 3.4%
11 97374 Scio, OR $587,131 $1,350 1.79% 4.6%
12 97377 Shedd, OR $607,774 $1,458 1.87% 4.1%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →