Real Estate Investing in Troutdale, Oregon (97060)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97060 (Troutdale, OR)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Troutdale, OR (97060)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97060 Troutdale
The 97060 ZIP in Troutdale, OR is a local-operator market. Outside capital chasing a $485K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $485K asset, 97060 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 97060 sits on the difficult end of the OR spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 97060 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 97060 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Troutdale:
Property Strategy for 97060
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $340,060 | $1,800 | 3.8% | +3.3% | $170,030 |
| 3BR | $467,075 | $2,470 | 3.8% | +5.1% | $155,692 |
| 4BR | $523,712 | $2,900 | 4.0% | +4.7% | $130,928 |
| 5BR | $579,592 | — | — | +4.3% | $115,918 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97060 Compare?
| Metric | 97060 | Troutdale | Oregon |
|---|---|---|---|
| Home Value | $484,895 | $484,895 | $493,884 |
| 5-Year CAGR | 2.1% | 2.1% | 4.9% |
| Avg Rent | $1,747 | $1,747 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97060 (Troutdale, OR). Anonymous, moderated, never written by AI.
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Property managers serving Multnomah County
Manage rentals here? List your business →AMS Association Management Services NW provides HOA Management Services. summary from their website
Gateway Property Management offers residential property management services in Portland, OR. summary from their website
Grid Property Management is a Portland-based firm providing full-service management and leasing for residential and industrial properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $484,895 |
| Monthly Rent | $1,747 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | -15.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97060
Population: 21,788
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97060
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,401 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Troutdale, OR?
With a 3.0/5 investability score, Troutdale, OR ranks as a solid market for rental property investors. Median prices of $485K and rents of $1,747/mo drive the underlying numbers.
What do landlords charge for rent in Troutdale, OR?
Rent in Troutdale, OR is around $1,747/mo. The resulting rent-to-value relationship with $485K pricing is reasonable for most investor models.
How should investors approach Troutdale, OR?
Most investors in Troutdale, OR run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Troutdale, OR good for house hacking?
House hacking in Troutdale, OR is a challenging. With home values around $485K and rents at $1,747/mo, owner-occupants can offset a meaningful share of PITI.
Are homes affordable in Troutdale, OR?
Troutdale, OR home values average about $485K. That price point suits investors targeting rentals with $1,747/mo in monthly income.
You know 97060 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97060 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 97060 ranks in Portland-Vancouver-Hillsboro, OR-WA
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