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Madras, OR

Full City Profile · Oregon · Jefferson County County

2.5 /5.0
C+ Fair
7,596 Population 931/sq mi density
$56,590 Median Income $24,633 per capita
$291,400 Home Value $355,893 Zillow
$942 Median Rent 34.9% income on rent
49°F Avg Temperature 311 sunny days/yr
299 Violent Crime/100K 3,557 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$56,590 median income, 6.7% unemployment
B+
Affordability
3.8 / 5.0
$291,400 home value, $942/mo rent
F
Safety
1.0 / 5.0
299 violent crimes/100K
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher

Housing Overview

Median Home Value
$291,400
3% above
US avg: $281,900
Median Rent
$942/mo
19% below
US avg: $1,163/mo
Homeownership Rate
55.4%
15% below US avg (65.4%)
Total Housing Units
2,525
Median year built: 1978

Home Value by Source

Census Median
$291,400
Zillow (ZHVI)
$355,893
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.4%
Owner-Occupied
44.6%
Renter-Occupied
55%
45%
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: $942/mo · Zillow rent: $1,250/mo

Affordability & Housing Stock

Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
55.4%

Complete Housing Data

Home Values

Census Median Value$291,400
Zillow Home Value (ZHVI)$355,893

Rent

Census Median Rent$942
Zillow Rent (ZORI)$1,250
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

Ownership & Stock

Owner-Occupied55.4%
Renter-Occupied44.6%
Homeownership Rate55.4%
Total Housing Units2,525
Median Year Built1978
Rent Burden34.9%