Malheur County, Oregon Housing Market Prices
Malheur County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 27% below the Oregon median$294,932
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Median rent 46% below the Oregon median Among the top 3 cheapest counties in Oregon$821
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Malheur County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $294,932 | $406,603 | $248,835 |
| Price Trend (Annual %) | 34.4% | 9.4% | 7.5% |
| Median Gross Rent | $821 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Malheur County is about 27% lower than in Oregon. Rent is about 46% lower than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Malheur County, up about 34.4% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Malheur County rose about 35.9% between 2015 and 2024, from $604 to $821. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 5.5 yearly household incomes in Malheur County.
Buying the median-priced home in Malheur County costs roughly 29.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Malheur County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Malheur County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $294,932 | $406,603 | $248,835 |
| Median Household Income | $54,079 | $83,617 | $80,455 |
| Price-to-Income Ratio | 5.5 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Malheur County rose about 63.6%, while median household income rose about 24.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Malheur County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.5% | 58.6% | 58.5% |
| Rental Rate | 32.3% | 33.9% | 31.2% |
| Vacancy Rate | 12.2% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Malheur County has a homeownership rate of 55.5%, lower than the Oregon average of 58.6%. Its housing vacancy rate is 12.2%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Malheur County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.74 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1976 | 1980 | 1978 |
| Median Number of Rooms | 5.1 | 5.3 | 5.5 |
The typical housing unit in Malheur County was built around 1976. On average, 2.7 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Malheur County, OR Housing Compared With Nearby Counties
Malheur County, OR is the 3rd largest of the 4 counties compared here, 31,953 residents against a local median of 250,790. Malheur County, OR's median rent, at $821, runs 39% below the $1,347 typical of the counties around it.
Median home price tells the same story from another angle: $294,932 against a local median of $362,701, 19% below it. The one measure here that carries a verdict is homeownership, and at 15% below the local median it puts Malheur County, OR at the weaker end of the local range. The counties themselves spread $717 on median rent, so Malheur County, OR sits at one end of an already wide local range rather than apart from it. Malheur County, OR has the 4th highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Malheur County, OR | 31,953 | $294,932 #4/4 | $821 #4/4 | 63.2% #4/4 |
| Canyon County, ID | 250,790 | $362,701 | $1,347 | 75.5% |
| Payette County, ID | 26,771 | $354,910 | $860 | 74.5% |
| Ada County, ID | 518,902 | $485,999 | $1,577 | 70.8% |
Frequently Asked Questions
Common questions about the housing market in Malheur County, Oregon.
What is the median home price in Malheur County, Oregon?
The median home price in Malheur County, Oregon is $294,932, lower than the Oregon average of $406,603.
What is the average home price in Malheur County, Oregon?
The typical home price in Malheur County, Oregon, reported as the median sale price, is $294,932. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Malheur County, Oregon?
The median gross rent in Malheur County, Oregon is $821 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Malheur County in 2020?
In 2020, the median gross rent in Malheur County, Oregon was $691 per month.
What is the price-to-rent ratio in Malheur County, Oregon?
The price-to-rent ratio in Malheur County, Oregon is about 29.9, meaning it would take roughly 29.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Malheur County.
Are home prices or rent rising faster in Malheur County, Oregon?
Both home prices and rent are rising in Malheur County, up about 34.4% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Malheur County, Oregon?
55.5% of households in Malheur County, Oregon own their home, lower than the Oregon average of 58.6%.
What is the vacancy rate in Malheur County, Oregon?
The housing vacancy rate in Malheur County, Oregon is 12.2%, higher than the Oregon average of 7.5%.
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