HousingHandbookReference data

U.S. ZIP Code · OR97403

Lane County · Eugene-Springfield, OR

Typical home value

$611,344[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.2%
5-year / yr
+4.1%
10-year / yr
+5.9%

Relative price

vs U.S.
+115.2%
vs metro
+31.1%
vs state
+32.9%
ZIP 97403 location in OR
Location of ZIP 97403 in OR

Price history

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

The typical home in 97403 is worth $611,344 — 31.1% above the Eugene-Springfield, OR median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,796 a month — a 3.5% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$1,796[2]
Gross yield
3.5%[2]
Cap rate
2.1%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$5,625[3]

#Climate risk

FEMA National Risk Index ratings for Lane 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 Moderate
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively High
Winter weather
Relatively High

#Who lives here

Population
15,355[3]
Median household income
$45,417[3]

#Migration

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

Net migration
-29[5]
Moved in
8,808
Moved out
8,837

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • Edison Elementary School

    Elementary · Grades K–5 · Eugene SD 4J

    348 students

  • Twin Rivers Charter School

    High · Grades 8–12 · Eugene SD 4J

    58 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.

Gross yield3.5%
Net yield (after ~40% expenses)2.1%
Annual rent$21,553

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.

Monthly payment$3,091
Loan principal$489,075
Down payment$122,269
Total interest paid$623,789

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.

Own : rent ratio2.27
Monthly cost to own$4,069
Monthly rent$1,796

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
93rd percentile[1]
Rental yield
0th percentile[2]
Property tax
90th percentile[3]

Frequently asked

How much is a home worth in ZIP code 97403?
The typical home in 97403 is worth $611,344, based on the Zillow Home Value Index.
Are home values rising in 97403?
Home values in 97403 are down 0.2% over the past year, and up 4.1% a year over five years.
What is the typical rent in 97403?
A typical home in 97403 rents for about $1,796 a month, a gross rental yield of 3.5%.
What is the property tax rate in 97403?
The effective property tax rate in 97403 is 0.9% — roughly $5,625 a year on a typical home.
Who lives in 97403?
ZIP code 97403 has a population of 15,355 and a median household income of $45,417.

#Comparable ZIPs

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

  • Eugene, OR

    Typical home
    $619,703
    Gross yield
    3.8%
  • OR

    Typical home
    $585,896
    Gross yield
  • Cheshire CDP, OR

    Typical home
    $573,432
    Gross yield
  • Jasper CDP, OR

    Typical home
    $661,225
    Gross yield
  • Jasper CDP, OR

    Typical home
    $561,206
    Gross yield
  • OR

    Typical home
    $552,453
    Gross yield

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