Real Estate Investing in Beaverton, Oregon (97003)
Should you buy in 97003 (Beaverton, OR)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Beaverton, OR (97003)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97003 Beaverton
Not every below-median market is a bargain. Beaverton's 97003 ZIP shows signals that favor experienced operators who can absorb the risk $485K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 97003 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 97003's metrics run below Washington County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 97003 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Beaverton's stable or hybrid ZIPs before stepping into 97003. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Beaverton:
Property Strategy for 97003
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $371,491 | $2,170 | 4.2% | +4.6% | $185,746 |
| 3BR | $477,428 | $2,960 | 4.5% | +5.1% | $159,143 |
| 4BR | $551,383 | $3,510 | 4.6% | +5.1% | $137,846 |
| 5BR | $638,269 | — | — | +5.1% | $127,654 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97003 Compare?
| Metric | 97003 | Beaverton | Oregon |
|---|---|---|---|
| Home Value | $484,578 | $523,730 | $493,884 |
| 5-Year CAGR | 2.7% | 2.9% | 4.9% |
| Avg Rent | $2,048 | $1,897 | - |
| Cap Rate | 3.3% | 2.8% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97003 (Beaverton, OR). Anonymous, moderated, never written by AI.
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Property managers serving Washington County
Manage rentals here? List your business →Shamrock Community & Property Management offers Community Association Management services. summary from their website
PreciseRentals.com is a domain name for sale. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $484,578 |
| Monthly Rent | $2,048 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +5.4% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97003
Population: 27,791
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97003
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Reedville Elementary School
Elmonica Elementary School
FLEX Online School
Kinnaman Elementary School
Five Oaks Middle School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 11,676 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Beaverton, OR?
In Beaverton, OR the median home value sits at $485K. Against the broader OR market, that reads as reasonable for most investors.
Do rentals sit vacant long in Beaverton, OR?
Rental vacancy in Beaverton, OR is elevated. Investors should budget normal turnover but not chronic empty units.
Are landlord laws favorable in Beaverton, OR?
Beaverton, OR operates under OR law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Does house hacking work in Beaverton, OR?
House hacking in Beaverton, OR is reasonable to execute. Prices around $485K and rents of $2,048/mo solid owner-occupant economics.
How deep is the rental pool in Beaverton, OR?
The tenant pool in Beaverton, OR is solid, supported by local employment and population fundamentals. Rents of $2,048/mo are well-absorbed by the market.
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