West Linn, Oregon Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the West Linn, Oregon rental market.
West Linn, Oregon
Average Apartment Rent
$2,096
Y-o-Y Change in Average
Apartment Rent
2.5%
As of November 2024
Compared to a year ago, West Linn, Oregon apartments have recorded a 2.5% rent increase.
West Linn, Oregon Average apartment rent trend
West Linn, Oregon Average Apartment Rent
West Linn, Oregon Apartment rent ranges
At 60.68%, apartments priced Over $2,000 represent the bulk of West Linn, Oregon rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 16.19%.
West Linn, Oregon Housing tenure**
Renters take up 17% of West Linn, Oregon real estate, occupying a total of 1,665 units, while homeowners live in 8,343 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$51,607
Average household size of renter-occupied housing units**
2.31
Rental vacancy rate**
5.6%
West Linn, Oregon Renter-occupied housing units by no. of bedrooms**
There are 584 rentals in West Linn, Oregon with 2 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 32 units. Overall, the median number of rooms in West Linn, Oregon homes for rent is 4.4.
West Linn, Oregon Renter-occupied units by age of householder**
Most condos for rent in West Linn, Oregon are occupied by residents in the 45 - 54 years age group (30%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
West Linn, Oregon Renter-occupied housing units by family type**
West Linn, Oregon Renter-occupied housing units by the presence of own children**
A total of 857 apartments for rent in West Linn, Oregon, or 51% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 485 units. All in all, the median size of a renter-occupied household in West Linn, Oregon is 2.31.
West Linn, Oregon Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in West Linn, Oregon.
West Linn, Oregon Renter-occupied units by year structure built**
The highest share of West Linn, Oregon apartment rentals, namely 28% or 474 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (19%, 320 units), and the ones Built 2000 - 2009 (17%, 275 units).
West Linn, Oregon Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most West Linn, Oregon renters (42%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their West Linn, Oregon condos for rent is 2017.
West Linn, Oregon Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of West Linn, Oregon renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 11% have 3 vehicles available.
West Linn, Oregon Means of transportation to work of householders living in renter-occupied housing units**
West Linn, Oregon Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all West Linn, Oregon apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates