ZIP 97209

Portland, OR

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 97209 covers 52 tracked apartment buildings totaling 7,641 units in Portland, OR, with an average asking rent of $2,059 — above the national median for this ZIP code. Asking rents span $500 to $4,999 across the available inventory. Occupancy of 93.1% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $399,900 ($405 per square foot). For-sale listings sit on the market for an average of 136 days. As of the most recent snapshot Rufus is tracking 206 active listings. HMDA mortgage data for the county covering Portland shows an average loan amount of $470,206 at an average interest rate of 6.73%. 7,376 loans were originated in the most recent reporting year, a very low denial rate that suggests borrowers in this area are typically well-qualified.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-09-04
Avg Rent
$2,059
$500 – $4,999
Buildings
52
Total Units
7,641
Est. Occupancy
93.1%
528 vacant (observed)

Building Vintage

Pre-1980
9
1980-1999
1
2000-2014
14
2015+
28

Largest Buildings

PropertyUnitsBuiltAvg Rent
The Yards at Union Station4572000$1,418
Millhouse3642024$2,772
Saltwood3542021$2,788
Akoya2952020$2,103
NV Apartments2842016$2,145
Block 17 Apartments2812015$2,357
Rivage2602016$2,051
The Wyatt2442008$2,398
The Louisa Apartments2402005$2,362
The Sutton2362022$2,813
Last updated: 2026-07-20
Median Asking Price
$399,900
Median Size
1,068 sqft
Price per Sqft
$405
Avg Days on Market
136 days
Active Listings
206

Home Type Breakdown

Condo99.5%(205)
Townhome0.5%(1)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$470,206
Avg Property Value
$633,099
Avg Applicant Income
$169,246
Denial Rate
7.7%
Avg Interest Rate
6.73%
Originations
7,376

Loan Type Breakdown

Conventional83.2%
FHA13.1%
VA3.7%