Get multiple home insurance quotes in 97218. Our licensed 97218, OR agents are ready to serve you.

97218 Home Insurance Rates & Premiums

Did you know there are over 14,748 people living within the 97218 zip code area? There are over 5,866 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:

  1. We will shop up to 12 home insurance companies for free.
  2. We will apply all discounts and credits to help you save up to 40% or more.
  3. We will answer any questions that you may.
  4. We will review the best policy and coverage option in 97218.

Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes.

Average homeowners insurance premiums in Oregon are on the rise. The estimated average premium is around $552 a year for a standard homeowners insurance policy in Portland. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.

City: Portland, OR Homeowners Insurance Quotes Online

97218 Home Insurance Average Premiums

Local 97218 homeowners insurance quotes comparison

$302 /yr.

Shows Zip Code: 97218 lowest rates with discounts applied on average.

For the 97218, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$302 /yr.
Average Coverage:$552 /yr.
2600 sq. ft. or higher
(all discounts applied)		$852 /yr.

What is the average home insurance cost for a home in 97218?

  • • The average homeowners insurance premium paid annually for a home in 97218 is around $552 per year.

What does it cost on average per month for home insurance in 97218?

  • • Homeowners in 97218 pay a monthly average cost per month around $46.00.

What kind of discount could I get if I combine my home and auto insurance together in 97218?

  • • Autoowners in 97218 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Portland area, check out other zip codes nearby 97218.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 97218

Average Building Cost Per Square Foot in 97218: $221

Location: Portland, Oregon (Multnomah County)

Average Square Footage in 97218: 1,838 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 97218 before you start any project. Portland homeowners pay on average around $221 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 97218 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 97218 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,838 sq. ft. and the average cost to rebuild the home in this area is around $221 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Portland area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$2211,838$406,300
Additional Upgrades & Added Features$2761,838$507,875
Major Home Updates or Advancements$3321,838$609,450

It's important to understand that when you estimate your replacement cost of your home in the 97218 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 97218

Swett & Crawford Corp

Address: 7820 NE Holman St Ste B7 Portland, OR 97218
Phone: (503)253-3245
Website:

Best Home & Auto Insurance Agencies in 97218

Housing Demographics for 97218

Population Review for 97218 Zip Code

For the city of Portland, the population within 97218 has increased to over 15,366 residents in population size. The current population total is 14,748. We have broken down the population based on race below. In 97218, there are over 7233 in male population and 7515 females.

PopulationValues
Total Population14,748
White Population8454
Black Population1528
Hispanic Population3256
Asian Population770
Hawaiian Population80
Indian Population396
Other Population1823
Male Population7233
Female Population7515
Population Estimate15366

Household Data for 97218

The average number of homes in 97218 is around 5,866, there are an average of 2.48 per household. The average house value according to local real estate values is around $406,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode5,866
Persons Per Household2.48
Average House Value$406,300
Income Per Household$73602
Median Age38.0
Median Age Male38.1
Median Age Female37.9
97218 DetailsValues
StateOR
State Full NameOregon
City TypeP
City Alias Abbreviation
Area Code503/971
CityPortland
City Alias NamePORTLAND
CountyMultnomah
County FIPS051
State FIPS41
Time Zone8
Day Light SavingY
MSA6442
PMSA6440
CSA440
CBSA38900
CBSA_DIV
CBSA_TypeMetro
CBSA_NamePortland-Vancouver-Hillsboro, OR-WA
MSA_NamePortland-Salem, OR-WA CMSA
PMSA_NamePortland-Vancouver, OR-WA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses536
Number Of Employees11199
Business First Quarter Payroll128374
Business Annual Payroll552325
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2226009
CBSA Division Population0
Congressional District03
Congressional LandArea1074.46
Delivery Residential6196
Delivery Business576
Delivery Total10154
Preferred Last Line KeyZ15411
Classification Code
Multi-County
CSA NamePortland-Vancouver-Salem, OR-WA
CBSA_DIV_Name
City State KeyZ15411
Land Area6.659000
Water Area0.078000
City Alias Code
City Mixed CasePortland
City Alias Mixed CasePortland
Box Count127
SFDU4594
MFDU448
State ANSI41
County ANSI051
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number406784
Unique ZIP Name
SSA State County Code38250
Medicare CBSA Code38900
Medicare CBSA NamePortland-Vancouver-Hillsboro, OR-WA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseMultnomah

Oregon Homeowners Insurance News & Information

  • Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024

    According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high.  “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]

  • Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024

    According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

  • Review How Many Homeowners Are Not Insured Per State Posted on Thursday 29th August, 2024

    One of the major costs of owning a home is protecting it with homeowners insurance. This will ensure your home is repaired or rebuilt if it is damage or destroyed by a covered peril. It also helps protect you against lawsuits, theft and even vandalism. If you have a mortgage on your home, your lender […]