Clackamas County, Oregon Housing Market
In Clackamas County, Oregon, the median home value is $611,000, with a median monthly rent of $1,758. This places Clackamas County at #80 nationally out of 3134 counties by median home value, and #3 within Oregon.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,394
- Establishments: 16,339
- BLS QCEW, 2025
Housing Supply
- Single-family: 960
- Multi-family: 275
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 178,811 (avg $121,118)
- Outflow: 173,326 (avg $120,442)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Clackamas County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 97011 | 289.8 | — | 2025 |
| 2 | 97049 | 305.1 | -3.47% | 2025 |
| 3 | 97042 | 305.2 | +7.95% | 2025 |
| 4 | 97362 | 286.8 | -3.81% | 2025 |
| 5 | 97019 | 294.7 | +6.45% | 2025 |
| 6 | 97004 | 309.5 | +9.82% | 2025 |
| 7 | 97055 | 296.6 | +4.47% | 2025 |
| 8 | 97375 | 342.5 | — | 2024 |
| 9 | 97067 | 271.7 | -4.13% | 2025 |
| 10 | 97071 | 317.5 | +3.43% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Clackamas County Compares
| Metric | Clackamas County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $611,000 | $386,691 | $227,706 |
| Median Gross Rent | $1,758 | $1,190 | $968 |
| Owner Occupancy Rate | 70.7% | 68.4% | 73.3% |
| Price/Rent Ratio | 29.0 | 26.8 | 18.7 |
Market Analysis
The median home value in Clackamas County is 58.0% above the Oregon state average and 168.3% above the U.S. national average. The median rent of $1,758/month is 47.7% above the state average.
With a price-to-rent ratio of 29.0, Clackamas County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Clackamas County has an owner-occupancy rate of 70.7%, compared to 68.4% in Oregon and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Newport County | Rhode Island | $609,700 | $1,713 |
| Clear Creek County | Colorado | $608,500 | $1,467 |
| Douglas County | Nevada | $615,400 | $1,593 |
| Monmouth County | New Jersey | $606,100 | $1,827 |
| Denver County | Colorado | $616,000 | $1,831 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Washington County | $588,000 | $1,849 | 60.8% |
| Deschutes County | $650,900 | $1,787 | 70.0% |
| Hood River County | $660,000 | $1,417 | 69.4% |
| Multnomah County | $552,700 | $1,646 | 53.4% |
| Benton County | $513,000 | $1,410 | 56.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).