Astoria, OR cityscape
Markets / Oregon / Astoria
RENTAL MARKET INTELLIGENCE

Astoria, OR

Astoria merits investigation by buyers comfortable with modest current income and substantial physical-risk review; yield-focused or earthquake-averse investors should avoid it.

Median price$523k
Median rent$1,560
Gross yield3.6%
Job growth▲ 0.8%
Micro Area · CBSA 1182040 public sourcesChecked nightly
SCORE / 10049RANK #282 / 571
Composite Market ScoreRank #282 of 571 scored US market areas
Direct rental answer

How much is rent in Astoria, OR?

Zillow's metro-wide Observed Rent Index is $1,560 per month for 2026-06-30. That is up 3.04% from a year earlier.

Zillow ZORI$1,5602026-06-30

All homes and bedroom counts

Census ACS gross rent$1,180ACS 2024 5-year

Occupied rental units paying rent

HUD 2BR FMR$1,457FY2026 FMR

Two-bedroom standard

These figures are not averaged together. Zillow and Realtor describe asking-rent markets, ACS measures rent paid by surveyed households, and HUD publishes administrative bedroom standards.

Exact county schedules

HUD rent benchmarks inside Astoria

Every row keeps its own county FIPS schedule. No county is selected as a metro proxy and no synthetic metro FMR is calculated.

FY2026 FMR · FY2026 · monthly gross-rent standards
CountyStudio1 BR2 BR3 BR4 BR
Clatsop County, ORFIPS 41007$1,060$1,110$1,457$1,995$2,444
The read

Why this market scores where it does

Astoria merits investigation by buyers comfortable with modest current income and substantial physical-risk review; yield-focused or earthquake-averse investors should avoid it. The $523,181 median value supports a 3.58% gross yield, setting a modest pre-expense return.

The opportunity is a mixed entry-and-demand setup: asking rent rose 3.04% as home values fell 0.94%, while LAUS jobs increased 0.82%. Inventory stood at 4.2 months, but median market time was 14 days, so softer pricing did not translate into a slow market.

Risk is concentrated in economics and hazard exposure. A 7.28 price-to-income ratio makes acquisition pricing demanding relative to local income, even though rent equals 26.06% of income. Earthquake is the dominant hazard, and the published annual loss ratio is 0.3783% of building value. Property-level insurance terms, retrofit status, and operating expenses are not published.

Frequently Asked Investor Questions

Is migration positive, and what is the income mix?
Net migration was 86 households: 1,401 moved in and 1,315 moved out. Average income was $90,280 for incoming movers versus $65,855 for outgoing movers, a published gap of $24,425.
What negotiating signals are visible in the resale market?
Inventory was 4.2 months, median market time was 14 days, and the price-drop rate was 27.8%.
How active are non-occupant buyers?
Non-occupants represented 7.09% of purchase mortgages; total purchases were 437.

Investor Quick Takeaways

Gross Yield: 3.6%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 3.04%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 7.1%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Astoria
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply4.2 mo.▼ from 5.3 mo. a year ago
Median days on market14 days▼ from 38 days a year ago
Listings with price drops27.8%▼ from 28.1% a year ago
Sale-to-list ratio98.4%2026-05-01
Home value growth▼ 0.9%Zillow ZHVI · trailing 12 months
Rent growth▲ 3.04%Zillow ZORI · trailing 12 months
Gross rental yield3.6%Rent × 12 ÷ price
Payroll job growth▲ 0.8%LAUS · 12m to 2026-05
Release-to-release evidence

What actually changed

This comparison exists because at least one underlying source period advanced. Rebuilding the same data never creates a new observation.

Published score held steady4949
0 pts

The published component scores did not move in this release.

Weights were unchanged at metro-2026-07-v2-omb2023, so the movement comes from refreshed evidence and percentile ranks.

The named source periods advanced, but the measured values on this page held steady.

Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs77Rent trend44Affordability40Supply56Climate safety6
Published arithmeticComponent × weight = points
49
SignalScoreWeightPoints
Job growth7730%23.10
Rent trend4425%11.00
Affordability4015%6.00
Supply pressure5615%8.40
Climate risk615%0.90
Published score49
Astoria, OR scoreRank #282
49
Job growth77/100

LAUS employment rose 0.82% -> the job signal is positive, though industry detail is not published.

Rent trend44/100

Asking rent rose 3.04% while gross yield was 3.58% -> rent momentum is positive, but the current pre-expense return is modest.

Affordability40/100

The price-to-income ratio was 7.28 while rent used 26.06% of income -> acquisition affordability is the weaker side of the housing-cost picture.

Supply pressure56/100

Permitting totaled 66 while inventory stood at 4.2 months -> construction volume is limited in count, while resale stock remains available.

Climate risk6/100

Earthquake is the dominant hazard and the annual loss ratio is 0.3783% -> insurance and property-level resilience deserve close review.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$523k
YoY ▼ 0.9%
ZORI Median Rent
$1,560
YoY ▲ 3.04%
Gross Rental Yield
3.6%
Rent × 12 ÷ price
$1,560 × 12 ÷ $523,181
Job Growth (YoY)
▲ 0.8%
LAUS payrolls
Job signal 77/100
Median Household Income
$72k
Census ACS 5-year
Rent Burden
26.1%
Annual rent ÷ household income
Price-to-Income
7.3x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,457
Market rent 107.0% of FMR
Historical affordability context

Compare aligned 2019 and 2024 asking-rent and nominal household-income endpoints across the direct-overlap metro set.

Independent rent evidence

One market, several legitimate rent benchmarks

These releases observe different homes and different moments. RentMarker keeps them separate: ZORI remains the scoring baseline, while the other sources test how sensitive the market story is to bedroom mix and measurement method.

Monthly benchmark4 of 4 reported values
Zero-based scale
Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$438$875$1,313$1,750Zillow ZORI2026-06-30$1,560HUD 1BR FMRFY2026 FMR$1,110HUD 2BR FMRFY2026 FMR$1,457Census ACS gross rentACS 2024 5-year$1,180Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$875$1,750Zillow ZORI2026-06-30$1,560HUD 1BR FMRFY2026 FMR$1,110HUD 2BR FMRFY2026 FMR$1,457ACS gross rentACS 2024 5-year$1,180
The chart compares published levels without averaging them. A longer bar does not mean a source is more accurate; it means that source measures a higher rent under its own definition.
Typical observed market rentZillow ZORI
$1,560Primary RentMarker baseline
2026-06-30

All homes and bedroom counts

A smoothed metro rent index for observed rentals; it is the primary rent used by RentMarker scores and career ratios.

View source release ↗
Fair Market RentHUD 1BR FMR
$1,110−$450 vs ZORI
FY2026 FMR

One-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Fair Market RentHUD 2BR FMR
$1,457−$103 vs ZORI
FY2026 FMR

Two-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Median gross rentCensus ACS gross rent
$1,180−$380 vs ZORI
ACS 2024 5-year

Occupied rental units paying rent

A five-year survey estimate of contract rent plus applicable tenant-paid utilities; it is not a current asking-rent index.

View source release ↗
Take the next step

Keep Astoria as context, then replace market-wide evidence with the candidate property's facts.

Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

National supply context

Compare this authorization pipeline with asking-rent growth, jobs and for-sale liquidity across the evidence-complete metro set.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
88202423320256620265+ unit buildingssingle family
66 units authorised in 2026, 18% of them in 5+ unit buildings. A meaningful share is apartments, which discount first when they lease up. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+86
1,401 in vs 1,315 out (IRS SOI)
▲ 6.1% of arriving households
Mover Income Gap
+$24,425
Arriving $90,280 vs leaving $65,855
Average AGI per tax return (IRS SOI)
Investor Purchase Share
7.1%
31 of 437 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
earthquake
0.378% building value annual loss ratio
FEMA NRI · risk type: other
Compare yield and FEMA exposure →
Households arrive mainly from: Multnomah County · Washington County · Pacific County · Clackamas County · King County
1,401 in − 1,315 out = 86 net
Direct market links

Where tax-return households moved from and to

These are the largest flows where both counties map to a RentMarker market area. They are a documented subset of the all-US IRS totals above.

Explore every route
Leading inbound markets
  1. Portland, OR372 arriving
  2. Seattle, WA37 arriving
  3. Eugene, OR31 arriving
Leading outbound markets
  1. Portland, OR298 leaving
  2. Longview, WA34 leaving
  3. Eugene, OR31 leaving
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. The 3.58% gross yield is modest before operating expenses, which are not published.
  2. The 7.28 price-to-income ratio and 0.94% value decline combine demanding affordability with recent price weakness.
  3. Earthquake is the dominant hazard, and the 0.3783% annual building-value loss ratio adds physical-risk exposure to underwriting.
Statistical peers

Market areas that behave like Astoria

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

Market areaScorePriceRentYieldJob Growth
Astoria, OR (Target)49$523k$1,5603.6%▲ 0.8%
Ellensburg, WA42$499k$1,7774.3%▲ 0.8%
Carson City, NV56$496k$1,8114.4%▲ 1.0%
Centralia, WA62$438k$1,4113.9%▲ 1.2%
Sandpoint, ID44$658k$1,9823.6%▲ 0.6%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household income and gross rentdirectACS 2024 5-year2026-08-05
Census ACS 5-year — historical household incomedirectACS 2019 and 2024 5-year2026-08-05
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
Apartment List Rent Estimates — recent-lease rent indexdirectApartment List 2026-072026-08-08
Apartment List Time on Market — listing liquiditydirectApartment List 2026-072026-08-08
Apartment List Vacancy Index — rental vacancydirectApartment List 2026-072026-08-08
BEA County Personal Income — income and populationdirect2024 County Personal Income (released 2026-02-05); history 1969-20242026-08-03
BEA Regional Price Parities — metropolitan price levelsdirect2024 Regional Price Parities (released 2026-02-19); history 2008-20242026-08-03
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS OEWS — occupation employment and wagesdirectMay 2025 OEWS estimates (released 2026-05-15)2026-08-03
BLS QCEW — county employment and wagesdirectannual county employment and wages 2021-2025; latest 2025 vs 20242026-08-02
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
Census ACS five-year — ZCTA housing and incomedirectACS 2024 5-year ZCTA2026-08-08
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI history 1975-2025; latest 20252026-08-02
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD CHAS — renter burden by HAMFI income banddirectHUD CHAS 2018-2022 ACS 5-year (released 2025-12-23)2026-08-03
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
HUD-USPS ZIP-to-county residential-address crosswalkdirectHUD-USPS 2026Q12026-08-09
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-302026-08-06
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-08-06
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Realtor.com Rental Report — top-50 asking rentsdirecttop-50 rental asking rents 2026-052026-08-05
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Redfin Data Center — ZIP resale activity and supplydirectZIP rolling 3 months through 2026-06-30; updated 2026-07-032026-08-12
USDA ERS — Rural-Urban Continuum CodesdirectUSDA ERS 2023 Rural-Urban Continuum Codes2026-08-02
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI - metro market rents, not seasonally adjusteddirectMetro_zori_uc_sfrcondomfr_sm_month.csv2026-08-15
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-08-08