Oregon housing market
Typical home value
$493K
■ 0.0% 1 yr
5-year change
+7%
U.S. +20%
Median city rent
$1,776/mo
41 cities
Unemployment rate
5.0%
Median household income
$93K
2025
Key takeaways
- 1The typical home in Oregon is worth $492,753, up 0.0% in a year and up 7% over five years. That's the #12 most expensive of 51.
- 2Across 41 cities with rent data, median typical rent is $1,776/mo, roughly a 4.3% gross yield on the typical home.
- 3Median household income was $92,740 in 2025, so the typical home costs 5.3× income.
- 4Unemployment is 5.0% (−0.3 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Oregon metro areas
Portland, OR
$539K home$1,803 rent4.0% yield
▼ 0.2% 1 yr
Salem, OR
$447K home$1,646 rent4.4% yield
▲ 0.4% 1 yr
Eugene, OR
$453K home$1,771 rent4.7% yield
▲ 1.0% 1 yr
Medford, OR
$431K home$1,848 rent5.1% yield
▲ 1.1% 1 yr
Bend, OR
$659K home$2,218 rent4.0% yield
▼ 0.7% 1 yr
Albany, OR
$408K home$1,635 rent4.8% yield
▲ 0.3% 1 yr
Roseburg, OR
$339K home$1,326 rent4.7% yield
▲ 0.1% 1 yr
Corvallis, OR
$553K home$1,811 rent3.9% yield
▲ 0.3% 1 yr
Hermiston, OR
$312K home$1,583 rent6.1% yield
▲ 2.7% 1 yr
Grants Pass, OR
$388K home$1,595 rent4.9% yield
▼ 0.1% 1 yr
Klamath Falls, OR
$303K home$1,295 rent5.1% yield
▼ 0.1% 1 yr
Coos Bay, OR
$349K home$1,744 rent6.0% yield
▼ 0.5% 1 yr
Ontario, OR
$370K home$1,434 rent4.6% yield
▲ 3.9% 1 yr
Newport, OR
$470K home$2,043 rent5.2% yield
▲ 0.4% 1 yr
Astoria, OR
$519K home$1,745 rent4.0% yield
▲ 0.4% 1 yr
Prineville, OR
$472K home$1,799 rent4.6% yield
▲ 0.9% 1 yr
Oregon cities
41 cities, largest first. Click a column to sort.
41 cities
| Portland | $524K | ▲ 0.5% | $1,719 | ▲ 1.7% | 3.9% |
| Eugene | $471K | ▲ 0.9% | $1,795 | ▲ 2.0% | 4.6% |
| Beaverton | $520K | ▼ 1.9% | $1,871 | ▼ 0.8% | 4.3% |
| Salem | $432K | ▲ 0.3% | $1,611 | ▼ 0.1% | 4.5% |
| Bend | $721K | ▼ 0.6% | $2,284 | ▲ 3.1% | 3.8% |
| Gresham | $462K | ▼ 0.5% | $1,601 | ▼ 0.4% | 4.2% |
| Hillsboro | $510K | ▼ 2.3% | $1,969 | ▲ 0.5% | 4.6% |
| Medford | $404K | ▲ 1.0% | $1,728 | ▲ 2.1% | 5.1% |
| Springfield | $415K | ▲ 1.1% | $1,689 | ▲ 3.2% | 4.9% |
| Grants Pass | $398K | ▼ 0.1% | $1,594 | ▲ 3.8% | 4.8% |
| Corvallis | $556K | ▲ 0.4% | $1,775 | ▲ 1.3% | 3.8% |
| Tigard | $599K | ▼ 0.9% | $1,798 | ▲ 0.2% | 3.6% |
| Albany | $433K | ▲ 0.2% | $1,735 | ▲ 1.8% | 4.8% |
| Oregon City | $591K | ▲ 0.5% | $2,006 | ▲ 2.9% | 4.1% |
| Klamath Falls | $302K | ▼ 0.2% | $1,303 | ▲ 1.4% | 5.2% |
| Roseburg | $360K | ▼ 0.1% | $1,434 | ▼ 0.7% | 4.8% |
| Milwaukie | $509K | ▲ 1.0% | $1,809 | ▲ 1.9% | 4.3% |
| Lake Oswego | $863K | ▲ 1.5% | $2,218 | ▲ 0.8% | 3.1% |
| Redmond | $510K | ▼ 0.4% | $1,984 | ▲ 2.5% | 4.7% |
| McMinnville | $479K | ▼ 1.1% | $1,776 | ▲ 6.2% | 4.5% |
| Keizer | $447K | ▲ 0.2% | $1,581 | ▲ 1.6% | 4.2% |
| Happy Valley | $676K | ▼ 0.2% | $1,871 | ▲ 0.3% | 3.3% |
| Woodburn | $421K | ▲ 0.3% | $1,728 | ▼ 2.0% | 4.9% |
| Lebanon | $392K | ▲ 0.5% | $1,531 | ▲ 0.7% | 4.7% |
| West Linn | $762K | ▲ 1.7% | $2,437 | ▲ 2.7% | 3.8% |
| Newberg | $526K | ▼ 1.0% | $1,987 | ▲ 0.9% | 4.5% |
| Forest Grove | $517K | ▼ 1.2% | $1,789 | ▲ 2.9% | 4.2% |
| Sherwood | $621K | ▼ 1.4% | $2,614 | ▲ 2.3% | 5.1% |
| Tualatin | $626K | ▼ 0.2% | $1,882 | ▲ 3.3% | 3.6% |
| Ashland | $542K | ▲ 2.1% | $2,181 | ▲ 4.1% | 4.8% |
| Wilsonville | $622K | ▼ 1.4% | $1,806 | ▲ 0.5% | 3.5% |
| Canby | $587K | ▲ 1.8% | $2,035 | ▲ 0.6% | 4.2% |
| Clackamas | $577K | ▼ 0.3% | $1,742 | ▲ 1.3% | 3.6% |
| Pendleton | $301K | ▲ 3.2% | $1,435 | ▼ 0.7% | 5.7% |
| Astoria | $485K | ▲ 0.9% | $1,648 | ▲ 2.3% | 4.1% |
| Saint Helens | $419K | ▼ 0.8% | $1,660 | ▲ 0.4% | 4.8% |
| Gladstone | $502K | ▲ 0.1% | $1,819 | ▲ 5.0% | 4.3% |
| Rockcreek | $613K | ▼ 1.1% | $1,740 | ▼ 1.1% | 3.4% |
| Garden Home-Whitford | $627K | ▲ 0.5% | $2,241 | ▲ 2.4% | 4.3% |
| Fairview | $470K | ▼ 1.1% | $1,668 | ▼ 4.0% | 4.3% |
| West Slope | $762K | ▲ 1.3% | $1,695 | ▼ 1.6% | 2.7% |
Data refreshed Oct 26, 2026.