Zip lookup · OR

97080
Gresham, Oregon.

Gresham, Multnomah County, OR · Portland-Vancouver-Hillsboro, OR-WA metro · population 48,411

What it costs per month · 97080 $2,684/mo

to buy the typical home at today's mortgage rate — +$1,281 (+91%) since Jan 2020.

What the home itself did
1 year
Down $254 -0%
$511,705$511,451 since Sep 2025
5 years
Up $28,513 +6%
$482,937$511,451 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 97080 $2,684 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 97080$2,684
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 60 years.

Typical home values in zip 97080 fell 0.0% over the past year — slower than the nation's +1.2%.

Asking rents in zip 97080 rose 0.7% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 97080 runs $2,017/mo more than renting one. The gap peaked at $2,177 in Oct 2023.

That is $3,641 a month against $1,624 rent: a $2,684 mortgage payment, plus $409 property tax and $548 insurance & upkeep.

Owning vs renting — zip 97080

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,500 $2,000 $2,500 $3,000 $3,500 2022 2023 2024 2025 2026 Owning all in $3,641 Renting $1,624 Mortgage only $2,684
$1,500 $2,000 $2,500 $3,000 $3,500 2022 2024 2026
  • Owning all in$3,641
  • Renting$1,624
  • Mortgage only$2,684

Property tax · $409/mo 0.96% of value a year — the ACS 2020-2024 median bill over the median home value for Multnomah County, OR

Insurance & upkeep · $548/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Gresham, OR — measured over the city limits, which is a different area from this zip.

Asking rent $1,624 as of Sep 2026
+0.7%year on year
Typical home value $511,451 as of Sep 2026
-0.0%year on year

Asking rent — 97080

Against the Portland-Vancouver-Hillsboro, OR-WA metro and the national benchmark.

$1,500 $1,600 $1,700 $1,800 $1,900 2022 2023 2024 2025 2026 97080 $1,624 Portland $1,803 United States $1,932
$1,500 $1,600 $1,700 $1,800 $1,900 2022 2024 2026
  • 97080$1,624
  • Portland$1,803
  • United States$1,932

Typical home value — 97080

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 97080 $511,451 Portland $539,403 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 97080$511,451
  • Portland$539,403
  • United States$366,157

Within 20 miles

Showing 30 of 58 zips in range — sorting picks from all 58.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.9 97030 Gresham 37,708 $1,650 $430,042
4.0 97060 Troutdale 21,649 $1,754 $475,452
4.5 97089 Damascus 15,101 — $665,898
4.5 97009 Boring 8,336 — $712,029
5.3 97024 Fairview 12,007 $1,705 $468,678
5.8 97233 Portland 36,236 $1,487 $395,076
5.9 97236 Portland 37,558 $1,671 $426,489
7.1 97086 Happy Valley 34,567 $1,866 $675,975
7.9 97230 Portland 43,553 $1,527 $448,858
8.2 97266 Portland 35,423 $1,757 $393,446
8.4 97015 Clackamas 24,433 $1,783 $578,406
8.5 97216 Portland 16,638 $1,688 $419,027
9.6 97220 Portland 27,202 $1,583 $420,163
9.6 97022 Eagle Creek 3,319 — $654,650
9.8 97019 Corbett 3,233 — $641,331
10.1 97206 Portland 49,890 $1,902 $461,375
10.4 98683 Vancouver 32,107 $1,783 $550,467
10.4 97215 Portland 17,296 $1,672 $645,726
10.9 97213 Portland 31,408 $1,643 $545,752
11.3 97222 Portland 36,398 $1,835 $485,295
11.4 98671 Washougal 24,871 $1,930 $633,705
11.4 98607 Camas 35,867 $2,221 $742,794
11.7 97027 Gladstone 12,347 $1,796 $502,086
11.9 97267 Portland 31,311 $1,678 $533,174
12.2 98684 Vancouver 37,298 $1,994 $480,612
12.2 97218 Portland 15,428 $2,099 $470,606
12.3 97202 Portland 43,533 $1,676 $622,201
12.4 97045 Oregon City 57,526 $2,006 $590,401
12.6 97214 Portland 27,714 $1,628 $671,763
12.8 97232 Portland 15,615 $1,561 $653,726

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.