Umatilla County, Oregon Housing Market

In Umatilla County, Oregon, the median home value is $282,600, with a median monthly rent of $997. This places Umatilla County at #716 nationally out of 3134 counties by median home value, and #27 within Oregon.

Median Home Value $282,600
Median Rent $997/mo
Owner Occupancy 67.9%
Price/Rent Ratio 23.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Umatilla County rose +5.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

25,391
jobs (private sector)
  • Avg weekly wage: $1,080
  • Establishments: 2,213
  • BLS QCEW, 2025
🏗️

Housing Supply

200
new units authorized (2025)
  • Single-family: 194
  • Multi-family: 6
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1374
net migration (filers, 2021-2022)
  • Inflow: 29,155 (avg $68,144)
  • Outflow: 27,781 (avg $68,873)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Umatilla County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 97801 274.1 +6.68% 2025
2 97862 333.3 +4.22% 2025
3 97882 298.8 -0.77% 2025
4 99362 356.0 +3.88% 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.

How Umatilla County Compares

MetricUmatilla CountyOregon AverageU.S. Average
Median Home Value $282,600 $386,691 $227,706
Median Gross Rent $997 $1,190 $968
Owner Occupancy Rate 67.9% 68.4% 73.3%
Price/Rent Ratio 23.6 26.8 18.7

Market Analysis

The median home value in Umatilla County is 26.9% below the Oregon state average and 24.1% above the U.S. national average. The median rent of $997/month is 16.2% below the state average.

With a price-to-rent ratio of 23.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Umatilla County has an owner-occupancy rate of 67.9%, 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

CountyStateMedian Home ValueMedian Rent
Hubbard County Minnesota $282,600 $905
Putnam County Tennessee $282,500 $908
Amelia County Virginia $282,400 $1,164
Leavenworth County Kansas $282,900 $1,219
Plaquemines Parish Louisiana $282,900 $1,573

Other Counties in Oregon

CountyMedian Home ValueMedian RentOwner Occ.
Klamath County $280,400 $991 69.4%
Baker County $285,600 $865 71.5%
Wheeler County $272,400 $870 71.8%
Union County $294,600 $982 65.5%
Douglas County $310,300 $1,055 72.7%

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).