How much is a home worth in ZIP code 97214?

The typical home in 97214 is worth $688,807, based on the Zillow Home Value Index.

Are home values rising in 97214?

Home values in 97214 are up 2.2% over the past year, and up 0.2% a year over five years.

What is the typical rent in 97214?

A typical home in 97214 rents for about $1,677 a month, a gross rental yield of 2.9%.

What is the property tax rate in 97214?

The effective property tax rate in 97214 is 1.0% — roughly $6,826 a year on a typical home.

ZIP code 97214 has a population of 27,714 and a median household income of $87,131.

HousingHandbookReference data

…

U.S. ZIP Code · OR97214

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

Typical home value

$688,807^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.2%
5-year / yr: +0.2%
10-year / yr: +1.8%

Relative price

vs U.S.: +142.5%
vs metro: +25.6%
vs state: +49.8%

Price history

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

The typical home in 97214 is worth $688,807 — 25.6% above the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have risen 2.2%. Homes here rent for a typical $1,677 a month — a 2.9% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $1,677^[2]
Gross yield: 2.9%^[2]
Cap rate: 1.8%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $6,826^[3]

#Climate risk

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

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

#Who lives here

Population: 27,714^[3]
Median household income: $87,131^[3]

#Migration

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

Net migration: -1,001^[5]
Moved in: 29,712
Moved out: 30,713

Schools

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

Public schools: 6
Elementary: 5
Middle: 1
High: 0

Richmond Elementary School
Elementary · Grades PK–5 · Portland SD 1J
537 students
Hosford Middle School
Middle · Grades 6–8 · Portland SD 1J
517 students
Sunnyside Environmental School
Elementary · Grades K–8 · Portland SD 1J
447 students
Le Monde French Immersion Public Charter School
Elementary · Grades K–8 · Portland SD 1J
378 students
Buckman Elementary School
Elementary · Grades K–5 · Portland SD 1J
371 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 yield2.9%

Net yield (after ~40% expenses)1.8%

Annual rent$20,125

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$3,483

Loan principal$551,046

Down payment$137,761

Total interest paid$702,828

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 ratio2.76

Monthly cost to own$4,625

Monthly rent$1,677

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: 7th percentile^[1]
Rental yield: 7th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 97214?: The typical home in 97214 is worth $688,807, based on the Zillow Home Value Index.
Are home values rising in 97214?: Home values in 97214 are up 2.2% over the past year, and up 0.2% a year over five years.
What is the typical rent in 97214?: A typical home in 97214 rents for about $1,677 a month, a gross rental yield of 2.9%.
What is the property tax rate in 97214?: The effective property tax rate in 97214 is 1.0% — roughly $6,826 a year on a typical home.
Who lives in 97214?: ZIP code 97214 has a population of 27,714 and a median household income of $87,131.

#Comparable ZIPs

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

97086 vs 97214 →
Happy Valley, OR
Typical home
$689,535
Gross yield
3.2%
97210 vs 97214 →
Portland, OR
Typical home
$691,536
Gross yield
2.9%
98601
Amboy CDP, WA
Typical home
$696,635
Gross yield
—
97028
Government Camp CDP, OR
Typical home
$701,643
Gross yield
—
97089
Damascus CDP, OR
Typical home
$675,509
Gross yield
—
97042
Mulino CDP, OR
Typical home
$703,997
Gross yield
—

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#Jump to section

U.S. ZIP Code · OR97214

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