Most Affordable ZIP Codes in Hermiston-Pendleton, 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 | 97868 | Pilot Rock, OR | $248,323 | $1,116 | 3.51% | 5.6% |
| 2 | 97836 | Heppner, OR | $253,924 | $1,008 | 3.10% | 5.1% |
| 3 | 97886 | Weston, OR | $280,005 | $1,377 | 3.84% | 4.9% |
| 4 | 97813 | Milton Freewater, OR | $289,218 | $954 | 2.57% | 5.5% |
| 5 | 97875 | Stanfield, OR | $294,056 | $1,197 | 3.18% | 5.3% |
| 6 | 97882 | Umatilla, OR | $298,149 | $1,161 | 3.04% | 4.9% |
| 7 | 97801 | Pendleton, OR | $302,311 | $1,362 | 3.51% | 4.5% |
| 8 | 97826 | Echo, OR | $309,261 | $1,080 | 2.72% | 4.2% |
| 9 | 97862 | Milton Freewater, OR | $312,865 | $990 | 2.47% | 5.1% |
| 10 | 97844 | Irrigon, OR | $321,947 | $918 | 2.22% | 4.8% |
| 11 | 97818 | Boardman, OR | $341,560 | $2,036 | 4.65% | 3.2% |
| 12 | 97838 | Hermiston, OR | $349,763 | $1,588 | 3.54% | 3.9% |
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 →
Same metro, different strategy
Cash Flow in Hermiston-Pendleton, OR · Appreciation in Hermiston-Pendleton, OR
Or see the full Hermiston-Pendleton, OR metro profile.