Best ZIP Codes for Cash Flow in La Grande, OR (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 97827 Elgin, OR $277,010 $1,125 3.17% 7.2%
2 97850 La Grande, OR $333,073 $1,287 3.01% 5.9%
3 97883 Union, OR $305,232 $1,062 2.71% 6.3%
4 97867 North Powder, OR $285,305 $891 2.44% 7.2%
5 97824 Cove, OR $501,760 $1,350 2.10% 6.6%
6 97857 Lostine, OR $477,461 $1,152 1.88% 5.7%
7 97876 Summerville, OR $583,146 $1,341 1.79%

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

Appreciation in La Grande, OR  ·  Affordable in La Grande, OR

Or see the full La Grande, OR metro profile.