Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Multnomah County area can be challenging. Home prices in Multnomah County are now at a median cost of $453,098, higher than the Oregon average of $365,363.
The average cost of rent is $1,500/mo in Multnomah County, primarily driven by the current value of real estate in the Multnomah County area. While nearly 30.38% of residents own their homes outright in Multnomah County, 41.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Multnomah County is $7,086 per month. Households that rent pay about 21.17% of their income on rent here. Multnomah County's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Clark County, WA: less expensive homes
- Washington County, OR: equally priced homes
- Skamania County, WA: less expensive homes
- Hood River County, OR: equally priced homes
- Tillamook County, OR: less expensive homes
- Wasco County, OR: less expensive homes
- Sherman County, OR: less expensive homes
- Gilliam County, OR: less expensive homes
- Wallowa County, OR: less expensive homes
- Madison County, MT: less expensive homes
Counties with Similar Populations
- Kern County, CA: less expensive homes
- Polk County, FL: less expensive homes
- Lee County, FL: less expensive homes
- Macomb County, MI: less expensive homes
- Middlesex County, NJ: less expensive homes
- Monroe County, NY: less expensive homes
- Montgomery County, PA: less expensive homes
- New Haven County, CT: less expensive homes
- Norfolk County, MA: higher priced homes
- Worcester County, MA: less expensive homes
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