Hood River County, Oregon Housing Market
In Hood River County, Oregon, the median home value is $660,000, with a median monthly rent of $1,417. This places Hood River County at #63 nationally out of 3134 counties by median home value, and #1 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: $1,020
- Establishments: 1,353
- BLS QCEW, 2025
Housing Supply
- Single-family: 47
- Multi-family: 133
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,803 (avg $101,389)
- Outflow: 10,046 (avg $99,877)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Hood River County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 97041 | 445.9 | — | 2025 |
| 2 | 97031 | 389.6 | +0.84% | 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 Hood River County Compares
| Metric | Hood River County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $660,000 | $386,691 | $227,706 |
| Median Gross Rent | $1,417 | $1,190 | $968 |
| Owner Occupancy Rate | 69.4% | 68.4% | 73.3% |
| Price/Rent Ratio | 38.8 | 26.8 | 18.7 |
Market Analysis
The median home value in Hood River County is 70.7% above the Oregon state average and 189.8% above the U.S. national average. The median rent of $1,417/month is 19.1% above the state average.
With a price-to-rent ratio of 38.8, Hood River 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.
Hood River County has an owner-occupancy rate of 69.4%, 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 |
|---|---|---|---|
| Valley County | Idaho | $657,000 | $1,117 |
| Westchester County | New York | $663,200 | $1,951 |
| Broomfield County | Colorado | $664,500 | $2,126 |
| Morgan County | Utah | $654,900 | $1,492 |
| Chaffee County | Colorado | $665,700 | $1,611 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Deschutes County | $650,900 | $1,787 | 70.0% |
| Clackamas County | $611,000 | $1,758 | 70.7% |
| Washington County | $588,000 | $1,849 | 60.8% |
| 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).