How much is a home worth in ZIP code 98662?

The typical home in 98662 is worth $484,713, based on the Zillow Home Value Index.

Are home values rising in 98662?

Home values in 98662 are down 0.7% over the past year, and up 3.6% a year over five years.

What is the typical rent in 98662?

A typical home in 98662 rents for about $1,714 a month, a gross rental yield of 4.2%.

What is the property tax rate in 98662?

The effective property tax rate in 98662 is 0.8% — roughly $3,672 a year on a typical home.

ZIP code 98662 has a population of 37,723 and a median household income of $94,303.

HousingHandbookReference data

…

U.S. ZIP Code · WA98662

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

Typical home value

$484,713^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.7%
5-year / yr: +3.6%
10-year / yr: +6.6%

Relative price

vs U.S.: +70.6%
vs metro: -11.6%
vs state: -3.7%

Price history

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

The typical home in 98662 is worth $484,713 — 11.6% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 0.7%. Homes here rent for a typical $1,714 a month — a 4.2% 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: $1,714^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,672^[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: 37,723^[3]
Median household income: $94,303^[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: 9
Elementary: 6
Middle: 2
High: 1

Prairie High School
High · Grades 9–12 · Battle Ground School District
1,531 students
Covington Middle School
Middle · Grades 6–8 · Evergreen School District (Clark)
876 students
Laurin Middle School
Middle · Grades 5–8 · Battle Ground School District
730 students
Peter S Ogden Elementary
Elementary · Grades PK–5 · Vancouver School District
614 students
Glenwood Heights Primary
Elementary · Grades PK–4 · Battle Ground School District
589 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 yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$20,570

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$2,451

Loan principal$387,771

Down payment$96,943

Total interest paid$494,580

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 ratio1.84

Monthly cost to own$3,162

Monthly rent$1,714

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: 74th percentile^[1]
Rental yield: 57th percentile^[2]
Property tax: 44th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for fastest-growing in WAView list →

Frequently asked

How much is a home worth in ZIP code 98662?: The typical home in 98662 is worth $484,713, based on the Zillow Home Value Index.
Are home values rising in 98662?: Home values in 98662 are down 0.7% over the past year, and up 3.6% a year over five years.
What is the typical rent in 98662?: A typical home in 98662 rents for about $1,714 a month, a gross rental yield of 4.2%.
What is the property tax rate in 98662?: The effective property tax rate in 98662 is 0.8% — roughly $3,672 a year on a typical home.
Who lives in 98662?: ZIP code 98662 has a population of 37,723 and a median household income of $94,303.

#Comparable ZIPs

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

97018 vs 98662 →
Columbia City, OR
Typical home
$485,344
Gross yield
—
97218 vs 98662 →
Portland, OR
Typical home
$482,394
Gross yield
4.4%
97060
Troutdale, OR
Typical home
$487,162
Gross yield
4.1%
97003
Aloha CDP, OR
Typical home
$488,384
Gross yield
4.8%
98639
North Bonneville, WA
Typical home
$480,381
Gross yield
—
97128
McMinnville, OR
Typical home
$489,071
Gross yield
4.8%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 98662 against any other ZIP — full side-by-side table.

Compare 98662 →

#Jump to section

U.S. ZIP Code · WA98662

Get more data on ZIPs like this

Get more data on ZIPs like this