HousingHandbookReference data

U.S. ZIP Code · WA98665

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

Typical home value

$503,506[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.2%
5-year / yr
+4.1%
10-year / yr
+6.5%

Relative price

vs U.S.
+77.2%
vs metro
-8.2%
vs state
≈ state median
ZIP 98665 location in WA
Location of ZIP 98665 in WA

Price history

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

The typical home in 98665 is worth $503,506 — 8.2% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have risen 0.2%. Homes here rent for a typical $1,698 a month — a 4.0% 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
$1,698[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$4,205[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
28,910[3]
Median household income
$88,559[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
6
Elementary
3
Middle
2
High
1
  • Columbia River High

    High · Grades 9–12 · Vancouver School District

    1,187 students

  • Gaiser Middle School

    Middle · Grades 6–8 · Vancouver School District

    736 students

  • Jason Lee Middle School

    Middle · Grades 6–8 · Vancouver School District

    539 students

  • Dwight D Eisenhower Elementary

    Elementary · Grades K–5 · Vancouver School District

    437 students

  • Hazel Dell Elementary School

    Elementary · Grades K–5 · Vancouver School District

    379 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 yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$20,372

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$2,546
Loan principal$402,805
Down payment$100,701
Total interest paid$513,756

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 ratio1.95
Monthly cost to own$3,318
Monthly rent$1,698

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
87th percentile[1]
Rental yield
47th percentile[2]
Property tax
61st percentile[3]

Frequently asked

How much is a home worth in ZIP code 98665?
The typical home in 98665 is worth $503,506, based on the Zillow Home Value Index.
Are home values rising in 98665?
Home values in 98665 are up 0.2% over the past year, and up 4.1% a year over five years.
What is the typical rent in 98665?
A typical home in 98665 rents for about $1,698 a month, a gross rental yield of 4.0%.
What is the property tax rate in 98665?
The effective property tax rate in 98665 is 0.8% — roughly $4,205 a year on a typical home.
Who lives in 98665?
ZIP code 98665 has a population of 28,910 and a median household income of $88,559.

#Comparable ZIPs

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

  • Vancouver, WA

    Typical home
    $503,843
    Gross yield
    4.1%
  • Beaverton, OR

    Typical home
    $503,053
    Gross yield
    4.3%
  • Portland, OR

    Typical home
    $506,516
    Gross yield
    4.0%
  • Aloha CDP, OR

    Typical home
    $498,716
    Gross yield
    4.4%
  • Molalla, OR

    Typical home
    $496,793
    Gross yield
    4.3%
  • Milwaukie, OR

    Typical home
    $496,762
    Gross yield
    4.3%

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