Housing Insights for ZIP Code 97204 (Portland, OR)

Housing Summary for ZIP Code 97204

Homeowners

The median home value in ZIP Code 97204 (Portland, OR) is unknown. Approximately 10.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 97204 is 1.71 occupants, while owner-occupied units have an aggregate average size of 0.5 bedrooms per housing unit.

Renters

In the 97204 ZIP Code, an estimated 89.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 1.04 occupants, while renters in this Multnomah County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 97204

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 97204.

ZIP 97204 Oregon U.S.
Median Home Value unknown $516,682 $356,002
Owner-Occupied Housing Units 10.7% 62.4% 64.0%
Homeowner Vacancy Rate 0.0% 1.4% 1.6%
Average Size of Owner-Occupied Unit 1.71 2.60 2.70
Average # of Bedrooms Per Unit 0.5 2.69 2.75
Median Housing Rent $0 $1,110 $1,062
Renter-Occupied Housing Units 89.3% 37.6% 36.0%
Rental Vacancy Rate 0.0% 3.7% 6.0%
Average Size of Renter-Occupied Unit 1.04 2.36 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Ages in ZIP Code 97204 (Portland, OR)

Approximately 28.1% of homes in this Portland, OR region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 97204 is about 149% higher than percentage of homes built in this time period in Oregon overall (11.3% of homes), and is 123% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 26.3% of local homes were built in 1940 to 1949. On the other end of the scale, just 0.0% of homes in this Multnomah County ZIP Code were built in 2000 to 2009 in ZIP Code 97204. In comparison, 14.2% of homes in Oregon overall were built in 2000 to 2009, while 14.0% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 97204

A detailed regional comparison of home ages in ZIP Code 97204.

Year Built ZIP 97204 Oregon U.S.
2014 or later 0.0% 2.6% 2.5%
2010 to 2013 0.0% 2.4% 2.7%
2000 to 2009 0.0% 14.2% 14.0%
1990 to 1999 10.7% 17.0% 13.9%
1980 to 1989 5.2% 11.1% 13.4%
1970 to 1979 18.2% 19.0% 15.2%
1960 to 1969 2.9% 9.2% 10.6%
1950 to 1959 8.6% 8.0% 10.3%
1940 to 1949 26.3% 5.2% 4.9%
1939 or earlier 28.1% 11.3% 12.6%

Age of Homes in ZIP Code 97204

See the chart below for details on the age of homes in ZIP Code 97204, Oregon, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 97204

Frequently asked questions about housing in this Portland, OR ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 97204.

1

What are owner-occupied vacancy rates like in ZIP Code 97204?

The vacacy rate for owner-occupied housing in ZIP Code 97204 is 0.0%. This rate is 100% lower than the overall Oregon owner-occupied vacancy rate of 1.4%. Additionally, the 97204 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
2

Does ZIP Code 97204 have older homes or newer construction?

In ZIP Code 97204, about 28.1% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 26.3% of homes in the region were built in 1940 to 1949. In contrast, 0.0% of homes in 97204 were built in 2000 to 2009.
3

What is the housing breakdown in ZIP Code 97204? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 97204 than owner-occupied housing. Renter-occupied units make up 89.3% of housing, compared to 10.7% for owner-occupied units.
4

Are rental vacancy rates high in ZIP Code 97204?

The vacacy rate for rental units in ZIP Code 97204 is 0.0%. This rate is 100% lower than the overall Oregon vacancy rate of 3.7%. Additionally, the 97204 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.