Tigard, Oregon Housing Market Prices
Tigard 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 40% above the Oregon median$567,359
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Median rent 17% above the Oregon median$1,780
Housing Market Overview
| Metric | Tigard | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $567,359 | $406,603 | $248,835 |
| Price Trend (Annual %) | 12.3% | 9.4% | 7.5% |
| Median Gross Rent | $1,780 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Tigard is about 40% higher than in Oregon. Rent is about 17% 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 Tigard, up about 12.3% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Tigard rose about 75.1% between 2015 and 2024, from $1,017 to $1,780. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 5.4 yearly household incomes in Tigard.
Buying the median-priced home in Tigard costs roughly 26.6 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 Tigard. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Tigard | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $567,359 | $406,603 | $248,835 |
| Median Household Income | $105,229 | $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 Tigard rose about 156.6%, while median household income rose about 53.8% 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 | Tigard | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.9% | 58.6% | 58.5% |
| Rental Rate | 37.0% | 33.9% | 31.2% |
| Vacancy Rate | 3.1% | 7.5% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Tigard has a homeownership rate of 59.9%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 3.1%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Tigard | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1987 | 1980 | 1978 |
| Median Number of Rooms | 5.5 | 5.3 | 5.5 |
The typical housing unit in Tigard was built around 1987. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Tigard, Oregon.
What is the median home price in Tigard, Oregon?
The median home price in Tigard, Oregon is $567,359, higher than the Oregon average of $406,603.
What is the average home price in Tigard, Oregon?
The typical home price in Tigard, Oregon, reported as the median sale price, is $567,359. 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 Tigard, Oregon?
The median gross rent in Tigard, Oregon is $1,780 per month, higher than the Oregon average of $1,525.
What was the median gross rent in Tigard in 2020?
In 2020, the median gross rent in Tigard, Oregon was $1,367 per month.
What is the price-to-rent ratio in Tigard, Oregon?
The price-to-rent ratio in Tigard, Oregon is about 26.6, meaning it would take roughly 26.6 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 Tigard.
Are home prices or rent rising faster in Tigard, Oregon?
Both home prices and rent are rising in Tigard, up about 12.3% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Tigard, Oregon?
59.9% of households in Tigard, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Tigard, Oregon?
The housing vacancy rate in Tigard, Oregon is 3.1%, lower than the Oregon average of 7.5%.
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