How much is a home worth in ZIP code 98607?

The typical home in 98607 is worth $755,982, based on the Zillow Home Value Index.

Are home values rising in 98607?

Home values in 98607 are down 1.2% over the past year, and up 4.5% a year over five years.

What is the typical rent in 98607?

A typical home in 98607 rents for about $2,191 a month, a gross rental yield of 3.5%.

What is the property tax rate in 98607?

The effective property tax rate in 98607 is 0.8% — roughly $6,402 a year on a typical home.

ZIP code 98607 has a population of 35,867 and a median household income of $128,318.

HousingHandbookReference data

…

U.S. ZIP Code · WA98607

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

Typical home value

$755,982^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.2%
5-year / yr: +4.5%
10-year / yr: +6.1%

Relative price

vs U.S.: +166.1%
vs metro: +37.9%
vs state: +50.2%

Price history

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

The typical home in 98607 is worth $755,982 — 37.9% above the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 1.2%. Homes here rent for a typical $2,191 a month — a 3.5% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $2,191^[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: 0.8%^[3]
Typical annual tax: $6,402^[3]

#Climate risk

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

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Very Low
Wildfire: Relatively Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively Moderate
Winter weather: Relatively Moderate

#Who lives here

Population: 35,867^[3]
Median household income: $128,318^[3]

#Migration

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

Net migration: +1,587^[5]
Moved in: 15,215
Moved out: 13,628

Schools

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

Public schools: 18
Elementary: 7
Middle: 3
High: 5

Union High School
High · Grades 9–12 · Evergreen School District (Clark)
1,987 students
Camas High School
High · Grades 9–12 · Camas School District
1,983 students
Skyridge Middle School
Middle · Grades 6–8 · Camas School District
729 students
Liberty Middle School
Middle · Grades 6–8 · Camas School District
675 students
Woodburn Elementary
Elementary · Grades PK–5 · Camas School District
597 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 yield3.5%

Net yield (after ~40% expenses)2.1%

Annual rent$26,291

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$3,823

Loan principal$604,785

Down payment$151,196

Total interest paid$771,370

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 ratio2.28

Monthly cost to own$4,988

Monthly rent$2,191

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: 98th percentile^[1]
Rental yield: 24th percentile^[2]
Property tax: 63rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for fastest-growing in WAView list →

Frequently asked

How much is a home worth in ZIP code 98607?: The typical home in 98607 is worth $755,982, based on the Zillow Home Value Index.
Are home values rising in 98607?: Home values in 98607 are down 1.2% over the past year, and up 4.5% a year over five years.
What is the typical rent in 98607?: A typical home in 98607 rents for about $2,191 a month, a gross rental yield of 3.5%.
What is the property tax rate in 98607?: The effective property tax rate in 98607 is 0.8% — roughly $6,402 a year on a typical home.
Who lives in 98607?: ZIP code 98607 has a population of 35,867 and a median household income of $128,318.

#Comparable ZIPs

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

97035 vs 98607 →
Lake Oswego, OR
Typical home
$752,404
Gross yield
3.2%
97004 vs 98607 →
Beavercreek CDP, OR
Typical home
$763,250
Gross yield
—
97225
Beaverton, OR
Typical home
$745,226
Gross yield
2.7%
97229
Bethany CDP, OR
Typical home
$744,606
Gross yield
3.3%
97221
Portland, OR
Typical home
$773,772
Gross yield
3.0%
97068
West Linn, OR
Typical home
$777,547
Gross yield
3.6%

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#Jump to section

U.S. ZIP Code · WA98607

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