How much is a home worth in ZIP code 97068?

The typical home in 97068 is worth $777,547, based on the Zillow Home Value Index.

Are home values rising in 97068?

Home values in 97068 are up 0.4% over the past year, and up 4.3% a year over five years.

What is the typical rent in 97068?

A typical home in 97068 rents for about $2,357 a month, a gross rental yield of 3.6%.

What is the property tax rate in 97068?

The effective property tax rate in 97068 is 1.1% — roughly $8,189 a year on a typical home.

ZIP code 97068 has a population of 30,161 and a median household income of $151,729.

HousingHandbookReference data

…

U.S. ZIP Code · OR97068

Clackamas County · Portland-Vancouver-Hillsboro, OR-WA

Typical home value

$777,547^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.4%
5-year / yr: +4.3%
10-year / yr: +5.4%

Relative price

vs U.S.: +173.7%
vs metro: +41.8%
vs state: +69.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97068 is worth $777,547 — 41.8% above the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have risen 0.4%. Homes here rent for a typical $2,357 a month — a 3.6% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,357^[2]
Gross yield: 3.6%^[2]
Cap rate: 2.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $8,189^[3]

#Climate risk

FEMA National Risk Index ratings for Clackamas County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively High

#Who lives here

Population: 30,161^[3]
Median household income: $151,729^[3]

#Migration

Household moves in and out of Clackamas County over a year, from IRS tax-return data.

Net migration: -381^[5]
Moved in: 13,847
Moved out: 14,228

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 6
Middle: 3
High: 1

West Linn High School
High · Grades 9–12 · West Linn-Wilsonville SD 3J
1,858 students
Rosemont Ridge Middle School
Middle · Grades 6–8 · West Linn-Wilsonville SD 3J
737 students
Athey Creek Middle School
Middle · Grades 6–8 · West Linn-Wilsonville SD 3J
509 students
Trillium Creek Primary School
Elementary · Grades PK–5 · West Linn-Wilsonville SD 3J
487 students
Willamette Primary School
Elementary · Grades PK–5 · West Linn-Wilsonville SD 3J
385 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.6%

Net yield (after ~40% expenses)2.2%

Annual rent$28,279

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,932

Loan principal$622,038

Down payment$155,509

Total interest paid$793,375

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.23

Monthly cost to own$5,260

Monthly rent$2,357

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 96th percentile^[1]
Rental yield: 26th percentile^[2]
Property tax: 93rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 97068?: The typical home in 97068 is worth $777,547, based on the Zillow Home Value Index.
Are home values rising in 97068?: Home values in 97068 are up 0.4% over the past year, and up 4.3% a year over five years.
What is the typical rent in 97068?: A typical home in 97068 rents for about $2,357 a month, a gross rental yield of 3.6%.
What is the property tax rate in 97068?: The effective property tax rate in 97068 is 1.1% — roughly $8,189 a year on a typical home.
Who lives in 97068?: ZIP code 97068 has a population of 30,161 and a median household income of $151,729.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

97221 vs 97068 →
Portland, OR
Typical home
$773,772
Gross yield
3.0%
97004 vs 97068 →
Beavercreek CDP, OR
Typical home
$763,250
Gross yield
—
98607
Camas, WA
Typical home
$755,982
Gross yield
3.5%
97035
Lake Oswego, OR
Typical home
$752,404
Gross yield
3.2%
97212
Portland, OR
Typical home
$804,026
Gross yield
3.3%
97225
Beaverton, OR
Typical home
$745,226
Gross yield
2.7%

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#Jump to section

U.S. ZIP Code · OR97068

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