Rents are 9% below what Oregon City's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,006 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Oregon City usually run 1.2% below trend in January and 1.2% above it in September, about $48 a month apart at today's median. Based on 6 years of data.
Rent in Oregon City is at its highest level since Zillow's records here began in March 2020.
Rent in Oregon City changed +2.9% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.
Rent in Oregon City is 38.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($97,829) is $2,446 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,010); a 3-bedroom is $2,760.
Clackamas, 6 miles away, rents for 13% less ($1,742/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Oregon City. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Oregon City, OR is majority owner-occupied, has a median income above the national average, 33.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Oregon City, OR has changed in 5 years
Five years ago, renters in Oregon City, OR paid around $1,587 a month. That figure now sits near $2,006, up 26.4% from the 2021 baseline. Census figures show median household income at $97,829 today, compared with $85,193 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Oregon City, OR adding about 595 residents over the five-year window, up 1.6% on net. Bachelor's-degree-or-higher attainment moved from 30.7% to 33.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Oregon City on your salary?
At $2,006/mo, how Oregon City rent compares to typical pay (30% rule).
Oregon City rent by bedroom count
Median rent for each apartment size in Oregon City. Click any size for full breakdown.
Tips for renters in Oregon City
Last updated: October 17, 2026
The median rent in Oregon City is $2,006/mo as of October 2026. A studio apartment averages $1,640/mo while a 2-bedroom runs $2,010/mo. One-bedroom apartments average $1,760/mo and 3-bedroom units go for $2,760/mo.
At 25% of local median household income ($97,829/yr), Oregon City ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.
Frequently asked questions
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Is rent going up or down in Oregon City?
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How does Oregon City rent compare to other cities in Oregon?
At $2,006/mo, rent takes ~25% of Oregon City's median household income ($97,829/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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