City Report · OR

Canby

Pop. 18,134·35th most expensive in Oregon·Canby rents have dropped 9.0%, currently a renter's market
Median rent (all units)
$1,736/mo
Year-over-Year
-9.0%
Month-over-Month
-6.2%
vs US Median
-$229
Falling (Monthly)
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Most AffordableMost Expensive
Canby · $1,736
More affordable than 58% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,736/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/yr
Local median income
$100,989/yr
Based on the 30%-of-income rule using Canby's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,600
2 BR
$1,830
3 BR
$2,530
4 BR+
$2,930
Research median
$1,830/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,832/yr
At $1,736/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 9.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-9.0% YoY, -6.2% MoM), not inventory.
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Demographics

Who lives here

Canby, OR is majority owner-occupied, has a large retiree population, has a median income above the national average, 30.5% of residents hold a bachelor's degree or higher.

Population
18,134
Median income
$100,989
Median age
43
Renters
29.7%
Age distribution
22.4%
17%
26.2%
13.7%
20.7%
Under 1822.4%
18–3417%
35–5426.2%
55–6413.7%
65+20.7%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
77.9%
16.8%
White77.9%
Hispanic16.8%
Asian1.3%
Other3.6%
Education (25+)
24.9%
37.4%
30.5%
No HS diploma7.2%
HS diploma24.9%
Some college37.4%
Bachelor's+30.5%
Housing tenure
70.3%
29.7%
Owner70.3%
Renter29.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Canby, OR has changed in 5 years

Income
$83,948 → $100,989
up 20.3%
Population
18,078 → 18,134
up 0.3%
Renter share
32.8% → 29.7%
-3.1 pts
Bachelor's+
28.7% → 30.5%
+1.8 pts
Median age
40.8 → 43
+2.2 yrs

Census figures show median household income at $100,989 today, compared with $83,948 five years earlier. The renter share has eased from 32.8% to 29.7%, with owner-occupied housing accounting for the remainder.

Community

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View Canby rent history (2015–2026) →
Salary vs rent

Can you afford rent in Canby on your salary?

At $1,736/mo, how Canby rent compares to typical pay (30% rule).

By apartment size

Canby rent by bedroom count

Median rent for each apartment size in Canby. Click any size for full breakdown.

Local insights

Tips for renters in Canby

About renting in Canby, OR

Last updated: July 20, 2026

The median rent in Canby is $1,736/mo as of July 2026. A studio apartment averages $1,490/mo while a 2-bedroom runs $1,830/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,530/mo.

At 21% of local median household income ($100,989/yr), Canby ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.0% over the past year.

FAQ

Frequently asked questions

Is Canby an affordable city for renters?

Canby is considered very affordable for renters. At $1,736/mo, rent takes approximately 21% of the local median household income ($100,989/yr). The standard benchmark is 30%. Canby falls comfortably within that range.

How much income do you need to rent in Canby?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,736/mo in Canby. The local median household income is $100,989/yr, meaning the typical Canby household meets that threshold.

Is rent going up or down in Canby?

Rent in Canby has decreased 9.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Canby rent compare to other cities in Oregon?

Canby is middle-of-the-pack for Oregon for rent, ranking #35 out of 65 tracked cities at $1,736/mo.

What percentage of Canby residents rent vs. own?

According to Census data, approximately 29.7% of Canby households are renters, while 70.3% are owner-occupied. Canby leans toward homeownership, which can mean a smaller rental inventory.

How does Canby rent compare to the national average?

Canby's median rent of $1,736/mo is $229 (12%) below the US national median of $1,965/mo. Within Oregon, it ranks #35 out of 65 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,736/mo, rent takes ~21% of Canby's median household income ($100,989/yr). The standard benchmark is 30%.

Canby 21%Benchmark 30%
State income tax4.75–9.9%
Run the Canby affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Canby, OR

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