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Milwaukie, OR
Full City Profile · Oregon · Multnomah County County
3.2
/5.0
B
Good
21,256
Population
4,260/sq mi density
$82,422
Median Income
$47,031 per capita
$477,200
Home Value
$511,502 Zillow
$1,499
Median Rent
35.4% income on rent
55°F
Avg Temperature
251 sunny days/yr
248
Violent Crime/100K
2,247 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$82,422 median income, 4.2% unemployment
B
Affordability
3.4 / 5.0
$477,200 home value, $1,499/mo rent
F
Safety
1.0 / 5.0
248 violent crimes/100K
A
Education
4.3 / 5.0
40.9% bachelor's degree or higher
Housing Overview
Median Home Value
$477,200
69% above
US avg: $281,900
Median Rent
$1,499/mo
29% above
US avg: $1,163/mo
Homeownership Rate
60.1%
8% below US avg (65.4%)
Total Housing Units
9,693
Median year built: 1968
Home Value by Source
Census Median
$477,200
Zillow (ZHVI)
$511,502
Median Sale Price
$437,500
Median List Price
$494,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.1%
Owner-Occupied
39.9%
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:
$1,499/mo
· Zillow rent:
$1,810/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
26.7%
of listings with price reduction
Price Per Sq Ft
$389
Active Inventory
45
homes for sale
Affordability & Housing Stock
Rent Burden
35.4%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
60.1%
Complete Housing Data
Home Values
| Census Median Value | $477,200 |
| Zillow Home Value (ZHVI) | $511,502 |
| Median Sale Price | $437,500 |
| Median List Price | $494,000 |
| Price Per Sq Ft | $389 |
Rent
| Census Median Rent | $1,499 |
| Zillow Rent (ZORI) | $1,810 |
| 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 | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.7% |
| Homes Sold | 16 |
| Active Inventory | 45 |
| Price Per Sq Ft | $389 |
Ownership & Stock
| Owner-Occupied | 60.1% |
| Renter-Occupied | 39.9% |
| Homeownership Rate | 60.1% |
| Total Housing Units | 9,693 |
| Median Year Built | 1968 |
| Rent Burden | 35.4% |