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Portland city, OR

ZIP 97219 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97219

Median Home Value
$651,600
Median Rent
$1,464
Affordability Snapshot
$179,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,186/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

37.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97219 in Portland city, OR, a household would need roughly $179,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,186. That is about 55% above the local median household income ($115,525), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
71.5%+9% vs US avg
x
Vacancy Rate
4.0%-62% vs US avg
x
Broadband Access
94.6%+9% vs US avg
x
4+ Bedrooms
6.6%-55% vs US avg
x
Built Pre-1939
8.4%-35% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
20.4%-59% vs US avg
x
Mortgage-Free
27.7%-28% vs US avg
x
$651,600
Home Value
$1,464
Rent
1973
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.5%
  • 1-unit attached4.4%
  • 2-9 units13.6%
  • 10+ units10.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$651,600
Median rent$1,464
Owner-occupied71.5%
Vacant4.0%
Price-to-income5.6x
Est. income to buy$179,000