Oregon City, Oregon Housing Market Prices
Oregon City 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.
-
Median home price 18% above the Oregon median$480,710
-
Median rent 11% above the Oregon median$1,696
Housing Market Overview
| Metric | Oregon City | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $480,710 | $406,603 | $248,835 |
| Price Trend (Annual %) | 8.4% | 9.4% | 7.5% |
| Median Gross Rent | $1,696 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Oregon City is about 18% higher than in Oregon. Rent is about 11% higher 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 Oregon City, up about 8.4% and 6.5% a year respectively. Home prices are changing faster.
Median rent in Oregon City rose about 76.7% between 2015 and 2024, from $960 to $1,696. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 5.1 yearly household incomes in Oregon City.
Buying the median-priced home in Oregon City costs roughly 23.6 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 Oregon City. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Oregon City | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $480,710 | $406,603 | $248,835 |
| Median Household Income | $93,898 | $83,617 | $80,455 |
| Price-to-Income Ratio | 5.1 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Oregon City rose about 45.9%, while median household income rose about 62.3% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Oregon City | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.4% | 58.6% | 58.5% |
| Rental Rate | 34.3% | 33.9% | 31.2% |
| Vacancy Rate | 4.3% | 7.5% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Oregon City has a homeownership rate of 61.4%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 4.3%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Oregon City | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1982 | 1980 | 1978 |
| Median Number of Rooms | 5.6 | 5.3 | 5.5 |
The typical housing unit in Oregon City was built around 1982. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Oregon City, Oregon.
What is the median home price in Oregon City, Oregon?
The median home price in Oregon City, Oregon is $480,710, higher than the Oregon average of $406,603.
What is the average home price in Oregon City, Oregon?
The typical home price in Oregon City, Oregon, reported as the median sale price, is $480,710. 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 Oregon City, Oregon?
The median gross rent in Oregon City, Oregon is $1,696 per month, higher than the Oregon average of $1,525.
What was the median gross rent in Oregon City in 2020?
In 2020, the median gross rent in Oregon City, Oregon was $1,312 per month.
What is the price-to-rent ratio in Oregon City, Oregon?
The price-to-rent ratio in Oregon City, Oregon is about 23.6, meaning it would take roughly 23.6 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 Oregon City.
Are home prices or rent rising faster in Oregon City, Oregon?
Both home prices and rent are rising in Oregon City, up about 8.4% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Oregon City, Oregon?
61.4% of households in Oregon City, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Oregon City, Oregon?
The housing vacancy rate in Oregon City, Oregon is 4.3%, lower than the Oregon average of 7.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →