Portland, OR 97242 Real Estate Market Analysis | dynamic.RE
dynamic.RE
Search
Portfolio
Market Analysis
Areas
Analyze
Select a state…
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
No cities
Compare
Market Snapshot
Housing Market
County Demographics
County Economy
Portland, OR — 97242
Median Listing Price
--
Population
--
Households
349,803
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
371K
units
Occupied
349,803
94.2%
Vacant
21,376
5.8%
2024 Tenure
350K
occupied
Owner
186,699
53.4%
Renter
163,104
46.6%
Renter Share
46.6%
+1.6% YoY
Total Housing Units
371,179
+0.9% YoY
FY2026 Fair Market Rent — Multnomah County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,570
/month
1 BR
$1,677
/month
2 BR
$1,922
/month
3 BR
$2,619
/month
4 BR
$3,109
/month
FMR Trends — Multnomah County
Source: HUD Fair Market Rents
County Demographics
Median Age
38.7
2024
Population
Multnomah County Population
795,897
+0.2% YoY
Households
Total Households
349,803
+0.7% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.23
-0.9% YoY
Age
2024 Age Mix
801K
residents
Under 18
141,135
17.6%
Adults 18–64
542,118
67.6%
65 & Over
118,224
14.8%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
141,135
-2.1% YoY
Population 65 & Over
118,224
+2.2% YoY
Median Age
38.70
+0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
84.0%
Moved (within US)
15.4%
Other
0.6%
Veterans
4.8%
-4.0% YoY
County Economy
Income
Median Household Income
$89K
+2.9% YoY
Per-Capita Income
$54K
+3.1% YoY
Mean Household Income
$122K
+2.1% YoY
Poverty
Below Poverty Level
12.6%
+0.8% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
52.6%
Public transit
5.5%
Worked from home
26.1%
Other
15.8%
Worked From Home
26.1%
+13.0% YoY
Mean Commute
24.40
-2.4% YoY
dynamic.RE