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Monmouth, OR

Full City Profile · Oregon · Polk County County

2.9 /5.0
C+ Fair
11,176 Population 4,989/sq mi density
$66,858 Median Income $28,060 per capita
$380,500 Home Value $469,807 Zillow
$1,137 Median Rent 29.7% income on rent
53°F Avg Temperature 251 sunny days/yr
141 Violent Crime/100K 1,204 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,858 median income, 4.2% unemployment
B
Affordability
3.5 / 5.0
$380,500 home value, $1,137/mo rent
F
Safety
1.0 / 5.0
141 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher

Housing Overview

Median Home Value
$380,500
35% above
US avg: $281,900
Median Rent
$1,137/mo
2% below
US avg: $1,163/mo
Homeownership Rate
45.5%
30% below US avg (65.4%)
Total Housing Units
3,731
Median year built: 1992

Home Value by Source

Census Median
$380,500
Zillow (ZHVI)
$469,807
Median Sale Price
$571,500
Median List Price
$547,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

45.5%
Owner-Occupied
54.5%
Renter-Occupied
46%
55%
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: $1,137/mo · Zillow rent: $1,398/mo

Market Indicators (Redfin)

Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
20.8%
of listings with price reduction
Price Per Sq Ft
$286
Active Inventory
24
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
45.5%

Complete Housing Data

Home Values

Census Median Value$380,500
Zillow Home Value (ZHVI)$469,807
Median Sale Price$571,500
Median List Price$547,500
Price Per Sq Ft$286

Rent

Census Median Rent$1,137
Zillow Rent (ZORI)$1,398
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 Market118
Sale-to-List Ratio1.0%
Price Drops20.8%
Homes Sold2
Active Inventory24
Price Per Sq Ft$286

Ownership & Stock

Owner-Occupied45.5%
Renter-Occupied54.5%
Homeownership Rate45.5%
Total Housing Units3,731
Median Year Built1992
Rent Burden29.7%