Welcome to our 97220 real estate data hub, tailored for investors in Portland, OR. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 97220 in Portland, OR. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MULTNOMAH COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Portland, OR real estate investing. Uncover the wealth of information available, and position yourself for success in the Portland property market.
-
Location Overview
- Zip Code: 97220
- City: Portland
- State: OR
- Metro Area: Portland-Vancouver-Hillsboro, OR-WA
- County Name: MULTNOMAH COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $427,894
- Average Home Price (Single Family Homes): $431,268
- Average Monthly Rental Price (All Types): $1,662
- Price-to-Rent Ratio: 21
- Zillow Projected % appreciation from 4/2023-4/2024: -1.2%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,730
- Average 3 Bedroom Section 8 Rental Rates: $2,420
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.61
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.73
- Number of Units Offered in Section 8 in the County: 4440
- Number of Occupied Units in Section 8 in the County: 4192
- Percentage of Section 8 Units Occupied in the County: 94.40000153%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 586.97
- Total % Appreciation since 2000 (Government Data): 219.35
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.7%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.01%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 17.28%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.89%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 114.01%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.78%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 146.22%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.85%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.12%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%