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Gresham city, OR

ZIP 97030 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97030

Median Home Value
$418,100
Median Rent
$1,415
Affordability Snapshot
$115,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,686/mo PITI).

27%
Rent-to-Income Ratio

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

6.8x
Home Price-to-Income Ratio

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

24.6 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 97030 in Gresham city, OR, a household would need roughly $115,000 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 $2,686. That is about 86% above the local median household income ($61,793), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
44.3%-32% vs US avg
x
Vacancy Rate
5.5%-47% vs US avg
x
Broadband Access
88.6%+2% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
32.3%-35% vs US avg
x
Mortgage-Free
31.7%-17% vs US avg
x
$418,100
Home Value
$1,415
Rent
1979
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached39.2%
  • 1-unit attached9.0%
  • 2-9 units20.4%
  • 10+ units29.7%
  • Mobile home & other1.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$418,100
Median rent$1,415
Owner-occupied44.3%
Vacant5.5%
Price-to-income6.8x
Est. income to buy$115,000