FIPS 41067 · population 603,947 · part of Portland, OR
The latest county-level Zillow ZORI is $1,911 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,570 | Washington County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,677 | Washington County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,922 | Washington County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,619 | Washington County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $3,109 | Washington County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 41067. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Washington County’s underwriting tension is a modest gross yield against slipping price, rent and workplace indicators, while visible listings show concessions rather than a clean demand signal. Income-oriented buyers should investigate property-level costs and tenant depth; buyers relying on appreciation or quick resale should be cautious. This is county evidence, not a conclusion about the Portland metro.
At Zillow’s county 2026-06 observation, the median home value was $568,575, down 2.71% year over year, and median asking rent was $1,911 per month, down 1.18%. That measured market rent produces the supplied 4.03% gross yield before costs; it is not based on HUD. HUD’s two-bedroom FMR is a payment standard, not asking rent. The 0.84% effective property-tax rate is a recurring carrying-cost check. FHFA’s 2025 repeat-transaction HPI fell 0.54% annually but remained 32.78% higher over five years; it corroborates the softening direction but cannot be averaged with Zillow because their vintages and methods differ.
Realtor.com’s 2026-06 MLS evidence has median listing prices down 5.03%, with 27.14% of listings reduced: these are asking-price and seller-concession measures, not sales proof. Active listings were lower, a visible-supply measure, and marketing time was unchanged. QCEW’s 2025 county-workplace employment declined 2.08%; it is covered employment, not resident jobs or unemployment. Migration was net negative by 1,385 tax-return households, and inbound movers’ average AGI trailed outbound movers’ by $7,796. Investors accounted for 304 of 6,383 purchase mortgages, limiting their presence in the recorded purchase flow.
Earthquake is the named dominant hazard, and modeled annual climate loss equals 0.16% of building value; this is neither a site-specific insurance quote nor an expected dollar loss. Missing vacancy, operating expenses, insurance and deductible terms, financing, rent-roll and submarket comparables, sale transactions, tenant incomes, and earthquake engineering evidence prevent net-yield, debt-service, replacement-cost, and exit-price conclusions. Asset-level checks of those gaps are required before county gross yield can be applied to a property.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Across the 12 selected direct-evidence ZIP/ZCTA matches assigned to Washington County, Zillow’s current ZORI, a typical observed asking-rent index, runs from $1,766 to $2,339: a $573 spread around a $1,861.50 median. The high endpoint is 97123 and the low endpoint is 97225, so a county-level figure cannot substitute for the observed local range. County ZORI is $1,911, which lands near the selected-set median rather than describing every asking-rent condition. The immediate decision question is therefore unit-specific: whether a prospective unit’s current asking rent, size, and terms fit a household’s budget and search constraints, not whether the highest or lowest ZIP index applies to every listing.
Zillow’s index should not be blended with ACS five-year ZCTA figures or HUD measures. ACS reports a survey-based median gross rent, with a different reference period and population than current asking rents. At the upper Zillow endpoint, its $2,339 index contrasts with a $1,837 ACS median gross-rent estimate. That gap requires separate reading rather than a calculable market discount or premium. HUD’s 2-bedroom Fair Market Rent standard is $1,922 throughout the displayed set. Zillow asking-rent indexes run from 91.9% to 121.7% of that bedroom-specific administrative benchmark, and using those indexes as a 30%-of-income screen produces income thresholds from $70,640 to $93,560. FMR supports program and affordability comparisons; it is not an observed asking-rent average.
Burden and vacancy frame a separate trade-off. In ACS five-year ZCTA data, the share of renter households paying at least 30% of income toward gross rent ranges from 42.4% to 56.5%, compared with 49.3% for the county. Estimated vacancy ranges from 2.49% to 6.55%, against a 3.24% county rate. Those endpoints do not create a ranking: burden is a household-cost measure, while vacancy is an estimated housing-stock condition. A higher estimated vacancy rate is not evidence that a suitable unit is available today, and a lower rate does not by itself establish greater rent pressure. Compare the concurrent asking-rent index, household budget, and property terms while keeping ACS measures as survey estimates rather than live listings.
Coverage and geography limit precision. The displayed evidence covers 80,942 renter households but remains a selected set, not an exhaustive county or neighborhood inventory. ZCTAs are statistical areas, not USPS delivery ZIPs. Because ZIPs can cross county lines, the packet assigns each display ZIP to the county holding the largest HUD residential-address share; that share ranges from 87.8% to 100.0% here. For any property-level choice, verify the exact address and county assignment, advertised rent and recurring fees, bedroom count, utilities included, lease term, concessions, occupancy status, and actual availability before comparing the listing with Zillow, ACS, or HUD measures.
15 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 97124 → | $1,859 | $2,018 | $1,922 | 42.4% | 3.2% | $74k | 99.9% |
| 97006 | $1,841 | $1,959 | $1,922 | 44.3% | 3.8% | $74k | 100.0% |
| 97229 → | $2,170 | $2,024 | $1,922 | 46.5% | 2.7% | $87k | 90.5% |
| 97223 | $2,017 | $1,785 | $1,922 | 52.3% | 2.6% | $81k | 100.0% |
| 97005 | $1,864 | $1,663 | $1,922 | 48.4% | 2.8% | $75k | 100.0% |
| 97225 | $1,766 | $1,793 | $1,922 | 49.7% | 3.7% | $71k | 99.6% |
| 97123 | $2,339 | $1,837 | $1,922 | 51.3% | 3.2% | $94k | 98.8% |
| 97008 | $1,790 | $1,763 | $1,922 | 49.3% | 3.9% | $72k | 100.0% |
| 97224 | $1,822 | $1,742 | $1,922 | 56.5% | 3.1% | $73k | 100.0% |
| 97007 | $1,958 | $1,851 | $1,922 | 49.9% | 2.5% | $78k | 100.0% |
| 97062 | $1,853 | $1,809 | $1,922 | 50.9% | 4.3% | $74k | 87.8% |
| 97003 | $2,061 | $1,983 | $1,922 | 45.8% | 6.5% | $82k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 97229 rental reportWashington County | Portland, OR | $2,170 | ▼ 1.9% | 46.5% | 76,106 |
| ZIP 97003 rental reportWashington County | Beaverton, OR | $2,061 | ▼ 3.7% | 45.8% | 27,811 |
| ZIP 97007 rental reportWashington County | Beaverton, OR | $1,958 | ▼ 1.5% | 49.9% | 47,895 |
| ZIP 97005 rental reportWashington County | Beaverton, OR | $1,864 | ▲ 3.5% | 48.4% | 28,311 |
| ZIP 97124 rental reportWashington County | Hillsboro, OR | $1,859 | ▼ 4.2% | 42.4% | 54,357 |
| ZIP 97006 rental reportWashington County | Beaverton, OR | $1,841 | ▼ 2.1% | 44.3% | 46,463 |
| ZIP 97078 rental reportWashington County | Beaverton, OR | $1,797 | ▲ 0.3% | 46.3% | 25,662 |
| ZIP 97008 rental reportWashington County | Beaverton, OR | $1,790 | ▲ 0.2% | 49.3% | 28,611 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.158% of building value expected lost per year
$4,929 median annual bill
18,769 in · 20,154 out
$83,875 arriving · $91,671 leaving
304 of 6,383 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Washington County | 603,947 | $569k | $1,911 | 4.0% | earthquake |
| Multnomah County | 801,477 | $511k | $1,688 | 4.0% | earthquake |
| Clark County | 516,959 | $554k | $1,874 | 4.1% | inland flooding |
| Clackamas County | 423,975 | $623k | $1,896 | 3.6% | inland flooding |
| Yamhill County | 108,734 | $512k | $2,003 | 4.7% | earthquake |
| Columbia County | 53,493 | $455k | $1,763 | 4.7% | inland flooding |
| Skamania County | 12,402 | $568k | n/a | n/a | inland flooding |
No. The record identifies HUD two-bedroom FMR as a payment standard, not an estimate of asking rent.
It is a repeat-transaction appreciation index, not a dollar home value.
The record provides QCEW annual covered jobs at workplaces in the county, not resident employment or unemployment.