Washington County, Oregon Housing Market Prices
Washington 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.
-
Median home price 16% above the Oregon median Among the 5 most expensive counties in Oregon$472,684
-
Median rent 21% above the Oregon median Most expensive county in Oregon$1,848
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washington County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $472,684 | $406,603 | $248,835 |
| Price Trend (Annual %) | 7.3% | 9.4% | 7.5% |
| Median Gross Rent | $1,848 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washington County is about 16% higher than in Oregon. Rent is about 21% 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 Washington County, up about 7.3% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Washington County rose about 75.2% between 2015 and 2024, from $1,055 to $1,848. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Washington County.
Buying the median-priced home in Washington County costs roughly 21.3 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 Washington County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Washington County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $472,684 | $406,603 | $248,835 |
| Median Household Income | $108,282 | $83,617 | $80,455 |
| Price-to-Income Ratio | 4.4 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Washington County rose about 109.2%, while median household income rose about 65.6% 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 | Washington County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.9% | 58.6% | 58.5% |
| Rental Rate | 37.9% | 33.9% | 31.2% |
| Vacancy Rate | 3.2% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Washington County has a homeownership rate of 58.9%, about the same as the Oregon average of 58.6%. Its housing vacancy rate is 3.2%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Washington County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1986 | 1980 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Washington County was built around 1986. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 13.0 years on average.
Washington County, OR Housing Compared With Nearby Counties
Washington County, OR is the 2nd largest of the 5 counties compared here, 603,920 residents against a local median of 312,654. Where Washington County, OR breaks from the counties next to it is median rent, sitting 18% above the local median of $1,562 at $1,848.
The counties themselves spread $375 on median rent, so Washington County, OR sits at one end of an already wide local range rather than apart from it. Washington County, OR has the highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Washington County, OR | 603,920 | $472,684 #3/5 | $1,848 #1/5 | 60.8% #4/5 |
| Columbia County, OR | 53,499 | $238,667 | $1,372 | 76.1% |
| Yamhill County, OR | 108,598 | $443,771 | $1,479 | 69.4% |
| Clark County, WA | 516,710 | $477,323 | $1,747 | 66.4% |
| Multnomah County, OR | 801,042 | $474,481 | $1,646 | 53.4% |
Frequently Asked Questions
Common questions about the housing market in Washington County, Oregon.
What is the median home price in Washington County, Oregon?
The median home price in Washington County, Oregon is $472,684, higher than the Oregon average of $406,603.
What is the average home price in Washington County, Oregon?
The typical home price in Washington County, Oregon, reported as the median sale price, is $472,684. 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 Washington County, Oregon?
The median gross rent in Washington County, Oregon is $1,848 per month, higher than the Oregon average of $1,525.
What was the median gross rent in Washington County in 2020?
In 2020, the median gross rent in Washington County, Oregon was $1,439 per month.
What is the price-to-rent ratio in Washington County, Oregon?
The price-to-rent ratio in Washington County, Oregon is about 21.3, meaning it would take roughly 21.3 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 Washington County.
Are home prices or rent rising faster in Washington County, Oregon?
Both home prices and rent are rising in Washington County, up about 7.3% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Washington County, Oregon?
58.9% of households in Washington County, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Washington County, Oregon?
The housing vacancy rate in Washington County, Oregon is 3.2%, 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 →