Multnomah County, OR — Market Snapshot
Real estate market data for Multnomah County, Oregon. Census demographics, rental trends, and economic indicators for investors and developers.
Population
803,863
ACS 2023Median Household Income
$93,689
ACS 2023Renter-Occupied
46%
ACS 2023Median Rent
$1,591/mo
ACS 2023Source: U.S. Census Bureau, American Community Survey 2023
Population & Income Profile
Age Distribution
Household Income Distribution
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Explore Dashboard →Source: U.S. Census Bureau, American Community Survey 2023
Housing Affordability
Affordability Label
Expensive (5-7x)
ACS 2023Price-to-Income Ratio
6.6x
Redfin SFR ÷ FRED Per Capita IncomeAt 6.6x price-to-income, median home prices in Multnomah County are elevated relative to income.
Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).
Housing Market Overview
Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.
Home Price Index
Multnomah County HPI
300.7
FRED Q4 2025Since 2020
+21.9% ↑
vs. 2020 baseline“Multnomah County home values have appreciated 21.9% since 2020, trailing the Oregon statewide average of 42.7%.”
Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.
Investment Analysis
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Market Tier
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Economic Indicators
▼ −24.7% since 2020
State Overview
Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.
Nearby Markets
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