2024 · Oregon
Rental yield in Oregon
In 2024, the typical rental in Oregon produced a gross yield of 3.9% — $1,597/mo median rent against a $498K median home value, ranking 40th of 51 states.
3.9%
Gross rental yield
below the 4.9% U.S. median
$1,597/mo
Median gross rent
incl. utilities (ACS)
$498K
Median home value
owner-occupied (ACS)
Oregon metros by yield
Metropolitan areas in Oregon with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Salem, OR | 4.1% | $1,526/mo | $447K |
| Eugene-Springfield, OR | 3.9% | $1,470/mo | $448K |
| Albany, OR | 3.9% | $1,363/mo | $417K |
| Grants Pass, OR | 3.7% | $1,249/mo | $403K |
| Medford, OR | 3.7% | $1,369/mo | $449K |
| Portland-Vancouver-Hillsboro, OR-WA | 3.6% | $1,767/mo | $585K |
| Bend, OR | 3.5% | $1,834/mo | $631K |
| Corvallis, OR | 3.2% | $1,490/mo | $566K |
Frequently asked questions
What is the gross rental yield in Oregon?
In 2024, Oregon had a gross rental yield of 3.9% — $1,597/mo median gross rent against a $498K median home value. That ranks 40th of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Oregon metros have the best rental yield?
Among Oregon metros covered by the data, gross yield was highest in Salem, OR (4.1%), Eugene-Springfield, OR (3.9%), and Albany, OR (3.9%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Oregon
Yield shows where the numbers work; our Investor Financing Report for Oregon shows the rate premium, denial rate, and DSCR lending investors face there.
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.