Real Estate Investing in Echo, Oregon (97826)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97826 (Echo, OR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Echo, OR (97826)?
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Market Analysis: 97826 Echo
Investors eyeing 97826 need to respect the fundamentals at play. Home values of $309K come alongside slower price movement and elevated management overhead.
Turning to rents, the numbers look inviting — $309K purchase price, 0.0% nominal cap — the work to hit that pro forma in 97826 is substantial and deserves full respect.
From a cash-flow lens, 97826 offers a low basis, the region around Echo has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 97826 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 97826 is an operator game, not a passive one. From a cash-flow lens, entry prices of $309K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Echo:
Market Trends
Home Value History (with trend line)
📊 How Does 97826 Compare?
| Metric | 97826 | Echo | Hermiston-Pendleton, OR | Oregon |
|---|---|---|---|---|
| Home Value | $309,261 | $309,261 | N/A | $493,884 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 4.9% |
| Avg Rent | $1,080 | $1,080 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97826 (Echo, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,261 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 97826
Population: 1,154
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 97826
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.
Frequently Asked Questions
What is the investability score for Echo, OR?
The 3.0/5 investability rating in Echo, OR reflects its $309K prices and $1,080/mo rents. Investors generally consider it a solid option within OR.
What is the typical vacancy rate in Echo, OR?
Rental vacancy in Echo, OR is elevated. Investors should budget normal turnover but not chronic empty units.
Are rents high in Echo, OR?
Rental rates in Echo, OR average $1,080/mo. Tenant demand and $309K home values make the yield look reasonable by investor standards.
Does Echo, OR favor landlords or tenants?
Echo, OR falls under OR landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Are homes affordable in Echo, OR?
Expect median prices around $309K in Echo, OR. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
You know 97826 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97826 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 97826 ranks in Hermiston-Pendleton, OR
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