Fastest-Appreciating ZIP Codes in Portland-Vancouver-Hillsboro, OR-WA (2026)
Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 97028 | Welches, OR | $689,868 | $1,701 | 1.92% | 6.7% |
| 2 | 97122 | Hebo, OR | $396,271 | $1,458 | 2.87% | 3.8% |
| 3 | 97034 | Lake Oswego, OR | $1,134,966 | $2,772 | 1.91% | 3.7% |
| 4 | 98648 | Stevenson, WA | $564,379 | $1,620 | 2.24% | 3.7% |
| 5 | 97396 | Willamina, OR | $365,327 | $1,620 | 3.46% | 3.7% |
| 6 | 97101 | Amity, OR | $585,929 | $1,620 | 2.16% | 3.7% |
| 7 | 97068 | West Linn, OR | $776,317 | $2,376 | 2.39% | 3.6% |
| 8 | 98601 | Yacolt, WA | $705,545 | $1,620 | 1.79% | 3.6% |
| 9 | 98607 | Camas, WA | $751,435 | $2,227 | 2.31% | 3.5% |
| 10 | 98605 | Bingen, WA | $437,551 | $1,620 | 2.89% | 3.5% |
| 11 | 97067 | Welches, OR | $456,695 | $1,665 | 2.84% | 3.5% |
| 12 | 97049 | Rhododendron, OR | $424,929 | $1,773 | 3.25% | 3.5% |
| 13 | 97347 | Grand Ronde, OR | $463,165 | $1,620 | 2.73% | 3.5% |
| 14 | 98671 | Washougal, WA | $643,908 | $2,056 | 2.49% | 3.4% |
| 15 | 98675 | Yacolt, WA | $646,703 | $1,899 | 2.29% | 3.4% |
| 16 | 98683 | Vancouver, WA | $560,357 | $1,817 | 2.53% | 3.4% |
| 17 | 98686 | Vancouver, WA | $591,948 | $2,201 | 2.90% | 3.4% |
| 18 | 98685 | Vancouver, WA | $592,923 | $2,491 | 3.28% | 3.4% |
| 19 | 98665 | Vancouver, WA | $500,915 | $1,804 | 2.81% | 3.4% |
| 20 | 98629 | La Center, WA | $666,372 | $1,998 | 2.34% | 3.3% |
| 21 | 97016 | Clatskanie, OR | $411,395 | $1,620 | 3.07% | 3.3% |
| 22 | 97004 | Beavercreek, OR | $775,382 | $1,782 | 1.79% | 3.2% |
| 23 | 98663 | Vancouver, WA | $479,118 | $1,746 | 2.84% | 3.2% |
| 24 | 97011 | Brightwood, OR | $516,696 | $1,701 | 2.57% | 3.2% |
| 25 | 97035 | Lake Oswego, OR | $749,111 | $2,090 | 2.18% | 3.2% |
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 Portland-Vancouver-Hillsboro, OR-WA · Affordable in Portland-Vancouver-Hillsboro, OR-WA
Or see the full Portland-Vancouver-Hillsboro, OR-WA metro profile.