Best places to buy a rental property in Oregon

Ranked by the engine's tracked 5-year appreciation across 28 covered markets in Oregon, snapshot 2026-10-29. Appreciation history is context, not a forecast.

Market	Home value	3y	5y	10y	Active listings
Cannon Beach	$913,693	3.4%	28.4%	116.8%	-
Newport	$488,510	0.6%	19.9%	97.0%	-
Corvallis	$445,859	2.1%	19.4%	82.2%	-
Albany	$410,370	4.1%	18.1%	107.6%	-
Lebanon	$409,181	5.3%	17.7%	119.9%	-
Lincoln City	$634,493	0.3%	17.1%	93.0%	-
Oregon City	$573,169	3.7%	15.7%	71.9%	32
West Linn	$669,189	2.1%	15.0%	65.3%	60
Salem	$416,616	2.4%	13.8%	103.8%	-
Eugene	$401,891	2.1%	12.4%	95.1%	760

Full list: every tracked market in Oregon with 5-year appreciation data below.

Keizer - 10.8%
Tigard - 9.5%
Bend - 9.2%
Milwaukie - 8.6%
Hillsboro - 8.3%
Beaverton - 6.7%
Lake Oswego - 6.6%
Gresham - 6.2%
Portland - 0.4%

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All figures are engine estimates from the LumosTerra tracked-data snapshot as of 2026-10-29. They are starting points, not recommendations - verify rents, comps and local rules before acting on any of them.

Best places to invest in real estate · Real estate investing forum · Pricing