Zip lookup · OR

97267
Milwaukie, Oregon.

Milwaukie, Clackamas County, OR · Portland-Vancouver-Hillsboro, OR-WA metro · population 31,311

What it costs per month · 97267 $2,798/mo

to buy the typical home at today's mortgage rate — +$1,335 (+91%) since Jan 2020.

What the home itself did
1 year
Up $5,951 +1%
$527,223$533,174 since Sep 2025
5 years
Up $35,994 +7%
$497,179$533,174 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.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 97267 $2,798 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • 97267$2,798
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 50 years.

Typical home values in zip 97267 rose 1.1% over the past year — in step with the nation.

Asking rents in zip 97267 rose 3.4% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 97267 runs $2,067/mo more than renting one. The gap peaked at $2,308 in Oct 2023.

That is $3,745 a month against $1,678 rent: a $2,798 mortgage payment, plus $376 property tax and $571 insurance & upkeep.

Owning vs renting — zip 97267

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 2023 2024 2025 2026 Owning all in $3,745 Renting $1,678 Mortgage only $2,798
$1,500 $2,000 $2,500 $3,000 $3,500 2023 2024 2025 2026
  • Owning all in$3,745
  • Renting$1,678
  • Mortgage only$2,798

Property tax · $376/mo 0.85% of value a year — the ACS 2020-2024 median bill over the median home value for Clackamas County, OR

Insurance & upkeep · $571/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: Milwaukie, OR — measured over the city limits, which is a different area from this zip.

Asking rent $1,678 as of Sep 2026
+3.4%year on year
Typical home value $533,174 as of Sep 2026
+1.1%year on year

Asking rent — 97267

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

$1,500 $1,600 $1,700 $1,800 $1,900 2023 2024 2025 2026 97267 $1,678 Portland $1,803 United States $1,932
$1,500 $1,600 $1,700 $1,800 $1,900 2023 2024 2025 2026
  • 97267$1,678
  • Portland$1,803
  • United States$1,932

Typical home value — 97267

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 97267 $533,174 Portland $539,403 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 97267$533,174
  • Portland$539,403
  • United States$366,157

Within 20 miles

Showing 30 of 71 zips in range — sorting picks from all 71.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
1.8 97027 Gladstone 12,347 $1,796 $502,086
2.3 97222 Portland 36,398 $1,835 $485,295
3.4 97034 Lake Oswego 21,331 $2,832 $1,108,477
3.8 97015 Clackamas 24,433 $1,783 $578,406
4.6 97068 West Linn 30,161 $2,437 $758,488
5.0 97086 Happy Valley 34,567 $1,866 $675,975
5.2 97206 Portland 49,890 $1,902 $461,375
5.2 97219 Portland 42,430 $1,857 $627,484
5.4 97202 Portland 43,533 $1,676 $622,201
5.4 97035 Lake Oswego 25,911 $2,098 $724,185
5.9 97266 Portland 35,423 $1,757 $393,446
6.7 97239 Portland 17,804 $1,899 $590,098
6.8 97045 Oregon City 57,526 $2,006 $590,401
7.4 97236 Portland 37,558 $1,671 $426,489
7.4 97215 Portland 17,296 $1,672 $645,726
7.5 97214 Portland 27,714 $1,628 $671,763
7.6 97062 Tualatin 28,930 $1,880 $626,852
7.8 97201 Portland 16,887 $1,588 $421,128
7.8 97216 Portland 16,638 $1,688 $419,027
8.3 97223 Portland 50,527 $1,811 $581,911
8.3 97221 Portland 12,915 $2,192 $745,874
8.4 97089 Damascus 15,101 — $665,898
8.5 97232 Portland 15,615 $1,561 $653,726
8.8 97224 Portland 36,569 $1,836 $599,946
8.8 97205 Portland 9,121 $1,617 $491,292
9.0 97213 Portland 31,408 $1,643 $545,752
9.2 97209 Portland 22,296 $1,806 $342,301
9.3 97233 Portland 36,236 $1,487 $395,076
9.6 97212 Portland 28,042 $2,340 $783,545
9.8 97008 Beaverton 28,611 $1,767 $554,789

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