City Report · OR

Oregon City

Pop. 37,755·14th most expensive in Oregon·Rental market data updated monthly for Oregon City, OR
Median rent (all units)
$1,950/mo
Year-over-Year
-2.1%
Month-over-Month
+1.9%
vs US Median
-$15
Rising (Monthly)
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Most AffordableMost Expensive
Oregon City · $1,950
More expensive than 56% of US cities · National median $1,965/mo
Rent Reality Score
72/100
Good value
OverheatedFairGreat value

Rents are 11% below what Oregon City's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,950/mo
Expected by trend
$2,197/mo
The Rent Reality Score compares today's median rent to where Oregon City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,760
2 BR
$2,010
3 BR
$2,760
4 BR+
$3,240
Research median
$2,010/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
$23,400/yr
At $1,950/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-2.1% YoY, +1.9% MoM), not inventory.
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Demographics

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.

Population
37,755
Median income
$97,829
Median age
37.5
Renters
34.7%
Age distribution
21.3%
24.5%
28.4%
14.7%
Under 1821.3%
18–3424.5%
35–5428.4%
55–6411%
65+14.7%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
86.3%
White86.3%
Black1%
Hispanic7%
Asian2%
Other3.6%
Education (25+)
25.8%
35%
33.4%
No HS diploma5.9%
HS diploma25.8%
Some college35%
Bachelor's+33.4%
Housing tenure
65.3%
34.7%
Owner65.3%
Renter34.7%

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

2021 vs 2026

How Oregon City, OR has changed in 5 years

Rent
$1,629 → $1,950
up 19.7%
Income
$85,193 → $97,829
up 14.8%
Population
37,160 → 37,755
up 1.6%
Renter share
33.9% → 34.7%
+0.8 pts
Bachelor's+
30.7% → 33.4%
+2.7 pts

Five years ago, renters in Oregon City, OR paid around $1,629 a month. That figure now sits near $1,950, up 19.7% 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.

Community

Discussions about Oregon City

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View Oregon City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oregon City on your salary?

At $1,950/mo, how Oregon City rent compares to typical pay (30% rule).

By apartment size

Oregon City rent by bedroom count

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

Local insights

Tips for renters in Oregon City

About renting in Oregon City, OR

Last updated: July 20, 2026

The median rent in Oregon City is $1,950/mo as of July 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 24% of local median household income ($97,829/yr), Oregon City ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.1% over the past year.

FAQ

Frequently asked questions

Is Oregon City an affordable city for renters?

Oregon City is considered very affordable for renters. At $1,950/mo, rent takes approximately 24% of the local median household income ($97,829/yr). The standard benchmark is 30%. Oregon City falls comfortably within that range.

How much income do you need to rent in Oregon City?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,950/mo in Oregon City. The local median household income is $97,829/yr, meaning the typical Oregon City household meets that threshold.

Is rent going up or down in Oregon City?

Rent in Oregon City has decreased 2.1% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Oregon City rent compare to other cities in Oregon?

Oregon City is one of the pricier cities in Oregon for rent, ranking #14 out of 65 tracked cities at $1,950/mo.

Which nearby cities are cheaper to rent in than Oregon City?

Several nearby cities have lower median rents than Oregon City ($1,950/mo): Milwaukie ($1,691/mo), Gladstone ($1,747/mo), Clackamas ($1,748/mo).

What percentage of Oregon City residents rent vs. own?

According to Census data, approximately 34.7% of Oregon City households are renters, while 65.3% are owner-occupied. Oregon City leans toward homeownership, which can mean a smaller rental inventory.

How does Oregon City rent compare to the national average?

Oregon City's median rent of $1,950/mo is $15 (1%) below the US national median of $1,965/mo. Within Oregon, it ranks #14 out of 65 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,950/mo, rent takes ~24% of Oregon City's median household income ($97,829/yr). The standard benchmark is 30%.

Oregon City 24%Benchmark 30%
State income tax4.75–9.9%
Run the Oregon City affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oregon City, OR

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