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Cedar Mill, OR
Full City Profile · Oregon · Multnomah County County
3.6
/5.0
B+
Good
19,482
Population
5,850/sq mi density
$167,037
Median Income
$75,807 per capita
$839,200
Home Value
$757,921 Zillow
$1,780
Median Rent
33.1% income on rent
55°F
Avg Temperature
251 sunny days/yr
135
Violent Crime/100K
1,611 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$167,037 median income, 5.4% unemployment
B+
Affordability
3.8 / 5.0
$839,200 home value, $1,780/mo rent
F
Safety
1.0 / 5.0
135 violent crimes/100K
A+
Education
5.0 / 5.0
70.3% bachelor's degree or higher
Housing Overview
Median Home Value
$839,200
198% above
US avg: $281,900
Median Rent
$1,780/mo
53% above
US avg: $1,163/mo
Homeownership Rate
77.2%
18% above US avg (65.4%)
Total Housing Units
6,634
Median year built: 1992
Home Value by Source
Census Median
$839,200
Zillow (ZHVI)
$757,921
Median Sale Price
$746,387
Median List Price
$857,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.2%
Owner-Occupied
22.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent:
$1,780/mo
Market Indicators (Redfin)
Median Days on Market
58 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$288
Active Inventory
49
homes for sale
Affordability & Housing Stock
Rent Burden
33.1%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
77.2%
Complete Housing Data
Home Values
| Census Median Value | $839,200 |
| Zillow Home Value (ZHVI) | $757,921 |
| Median Sale Price | $746,387 |
| Median List Price | $857,450 |
| Price Per Sq Ft | $288 |
Rent
| Census Median Rent | $1,780 |
| FMR Studio | $1,051 |
| FMR 1-Bedroom | $1,143 |
| FMR 2-Bedroom | $1,425 |
| FMR 3-Bedroom | $1,963 |
| FMR 4-Bedroom | $2,318 |
Market
| Days on Market | 58 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 8 |
| Active Inventory | 49 |
| Price Per Sq Ft | $288 |
Ownership & Stock
| Owner-Occupied | 77.2% |
| Renter-Occupied | 22.8% |
| Homeownership Rate | 77.2% |
| Total Housing Units | 6,634 |
| Median Year Built | 1992 |
| Rent Burden | 33.1% |