Cost of Living in Multnomah County, OR
Population 801,477 · Census ACS 2020–2024 5-year estimates
The median rent in Multnomah County, OR is $1,646/month, 8% higher than the Oregon median and 16% higher than the U.S. median. The median home value is $552,700, 66% higher than the national median. Households earn a median of $88,766 a year, 7% higher than the state median.
Affordability
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Multnomah County vs. Oregon vs. U.S.
| Multnomah County | Oregon | U.S. | |
|---|---|---|---|
| Median rent | $1,646 | $1,525 | $1,413 |
| Median home value | $552,700 | $477,600 | $332,700 |
| Median household income | $88,766 | $83,011 | $80,734 |
| Homeownership rate | 53.4% | 63.3% | 65.2% |
| Bachelor's degree or higher | 48.9% | 36.8% | 35.7% |
| Poverty rate | 12.6% | 11.9% | 12.5% |
| Unemployment rate | 5.7% | 5.4% | 5.2% |
| Work from home | 26.1% | 19.0% | 15.1% |
| Median age | 38.7 | 40.4 | 38.9 |
FAQ
What is the average rent in Multnomah County, OR?
The median gross rent in Multnomah County, OR is $1,646 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Multnomah County, OR?
Using the common 30% rule, renting a median-priced home takes about $65,840 a year in gross income.
Is Multnomah County, OR expensive to live in?
Rent there is 16% higher than the U.S. median, and the median home costs about 6.2 times the median household income.
Other counties in Oregon
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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