Home values, rents and more in Multnomah County, OR
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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- $410k–$470k
- $470k–$500k
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- $550k+
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How Multnomah County, OR compares
The typical home in Multnomah County, OR is worth about $497,000, according to the Zillow Home Value Index for September 2026. Home values in Multnomah County, OR are 8% below the typical value in the Portland metro area ($539,000) and 36% above the U.S. typical value ($366,000).
Over the past year, home values in Multnomah County, OR rose 0.2%, compared with −0.2% in the Portland metro area and +1.2% nationally.
Typical rent is $1,683 a month (Zillow Observed Rent Index), 7% below the Portland metro area ($1,803) and 13% below the U.S. ($1,932). Rents rose 1.5% over the past year.
The median household income is $88,766, against $97,436 in the Portland metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 795,391 people live in Multnomah County, OR (Census Bureau estimate for July 2025).
Multnomah County, OR has the 2nd-lowest typical home value of the 7 counties in the Portland metro area and the 9th-highest of 36 in Oregon with Zillow figures.
Part of: Portland metro area · Oregon
More for Multnomah County, OR in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby counties
Cities in Multnomah County, OR
ZIP codes in Multnomah County, OR
- 97019 · Corbett $641,000
- 97024 · Fairview $469,000
- 97030 · Gresham $430,000
- 97060 · Troutdale $475,000
- 97080 · Gresham $511,000
- 97201 · Portland $421,000
- 97202 · Portland $622,000
- 97203 · Portland $442,000
- 97205 · Portland $491,000
- 97206 · Portland $461,000
- 97209 · Portland $342,000
- 97210 · Portland $683,000
- 97211 · Portland $557,000
- 97212 · Portland $784,000
- 97213 · Portland $546,000
- 97214 · Portland $672,000
- 97215 · Portland $646,000
- 97216 · Portland $419,000
- 97217 · Portland $490,000
- 97218 · Portland $471,000
- 97219 · Portland $627,000
- 97220 · Portland $420,000
- 97221 · Portland $746,000
- 97227 · Portland $549,000
- 97230 · Portland $449,000
- 97231 · Portland $687,000
- 97232 · Portland $654,000
- 97233 · Portland $395,000
- 97236 · Portland $426,000
- 97239 · Portland $590,000
- 97266 · Portland $393,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.