Marion County, Oregon Housing Market Prices
Marion 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 3% above the Oregon median More expensive than 80% of counties in Oregon$420,811
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Median rent 7% below the Oregon median More expensive than 83% of counties in Oregon$1,414
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marion County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $420,811 | $406,603 | $248,835 |
| Price Trend (Annual %) | 11.7% | 9.4% | 7.5% |
| Median Gross Rent | $1,414 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 6.9% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion County is about 3% higher than in Oregon. Rent is about 7% 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 Marion County, up about 11.7% and 6.9% a year respectively. Home prices are changing faster.
Median rent in Marion County rose about 77.4% between 2015 and 2024, from $797 to $1,414. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 5.4 yearly household incomes in Marion County.
Buying the median-priced home in Marion County costs roughly 24.8 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 Marion County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Marion County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $420,811 | $406,603 | $248,835 |
| Median Household Income | $77,543 | $83,617 | $80,455 |
| Price-to-Income Ratio | 5.4 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion County rose about 153.2%, while median household income rose about 58.5% 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 | Marion County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.8% | 58.6% | 58.5% |
| Rental Rate | 36.1% | 33.9% | 31.2% |
| Vacancy Rate | 4.1% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Marion County has a homeownership rate of 59.8%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 4.1%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Marion County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1981 | 1980 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Marion County was built around 1981. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Marion County, OR Housing Compared With Nearby Counties
Marion County, OR is the 3rd largest of the 6 counties compared here, 349,246 residents against a local median of 130,588. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Marion County, OR an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 7% below the local median at 62.3% against 66.9%. Marion County, OR has the 5th highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion County, OR | 349,246 | $420,811 #4/6 | $1,414 #4/6 | 62.3% #5/6 |
| Linn County, OR | 130,588 | $326,639 | $1,319 | 66.9% |
| Clackamas County, OR | 423,491 | $536,509 | $1,757 | 70.7% |
| Multnomah County, OR | 801,042 | $474,481 | $1,646 | 53.4% |
| Yamhill County, OR | 108,598 | $443,771 | $1,479 | 69.4% |
| Polk County, OR | 89,625 | $85,076 | $1,299 | 64.7% |
Frequently Asked Questions
Common questions about the housing market in Marion County, Oregon.
What is the median home price in Marion County, Oregon?
The median home price in Marion County, Oregon is $420,811, higher than the Oregon average of $406,603.
What is the average home price in Marion County, Oregon?
The typical home price in Marion County, Oregon, reported as the median sale price, is $420,811. 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 Marion County, Oregon?
The median gross rent in Marion County, Oregon is $1,414 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Marion County in 2020?
In 2020, the median gross rent in Marion County, Oregon was $1,045 per month.
What is the price-to-rent ratio in Marion County, Oregon?
The price-to-rent ratio in Marion County, Oregon is about 24.8, meaning it would take roughly 24.8 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 Marion County.
Are home prices or rent rising faster in Marion County, Oregon?
Both home prices and rent are rising in Marion County, up about 11.7% and 6.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marion County, Oregon?
59.8% of households in Marion County, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Marion County, Oregon?
The housing vacancy rate in Marion County, Oregon is 4.1%, lower than the Oregon average of 7.5%.
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