View in Interactive Map

Lents, Portland, OR—97266

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$405,000
0.9% YoY Growth
Household Income
$71,800
49.1% YoY Growth
Days on Market
50
8.0% Shorter YoY
Home Price Forecast
-2.0%
Median Rent
$1,760
1.1% YoY Growth
1-Bed Rent
$1,260
9.4% YoY Growth
2-Bed Rent
$1,600
9.0% YoY Growth
3-Bed Rent
$2,400
4.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lents, Portland, OR

As of May '26, the median home price in Lents, Portland, OR is $405,000, with a year-over-year change of -0.9%. This indicates that home prices in Lents, Portland, OR are flat. According to Zillow, the 1-year price projection is -2.0%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$405,000-0.9%
Single Family $410,000-0.7%
Condos $282,0001.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $307,000
    -1.9%
    2 Bed
    		$353,000-1.4%
    3 Bed
    		$410,000-0.7%
    4 Bed
    		$477,000-0.6%
    5 Bed $542,0280.6%
    Loading chart...

    % of Housing Stock

    Studio
    1.9%
    1 Bedroom
    9.3%
    2 Bedrooms
    30.4%
    3 Bedrooms
    41.9%
    4 Bedrooms
    12.3%
    5+ Bedrooms
    4.2%

    Rental Trends — Lents, Portland, OR

    As of July '25, Rentcast reports the average rent in Lents, Portland, OR is $1,900, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Lents, Portland, OR is studios: $1,140, 1-bedrooms: $1,280, 2-bedrooms: $1,690, 3-bedrooms: $2,500, 4-bedrooms: $2,990. The most common rental property sizes in Lents, Portland, OR are 2-bedroom and 3-bedroom, accounting for 40.8% and 31.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,760$1,900
    Studio Rent $1,200$1,140
    1 Bed Rent $1,260$1,280
    2 Bed Rent $1,600$1,690
    3 Bed Rent $2,400$2,500
    4 Bed Rent $2,750$2,990
    Loading chart...

    % of Rental Stock

    Studio
    3.0%
    1 Bedroom
    18.3%
    2 Bedrooms
    40.8%
    3 Bedrooms
    31.0%
    4 Bedrooms
    4.9%
    5+ Bedrooms
    1.9%

    Property Listings — Lents, Portland, OR

    As of May '26, Realtor.com reports that the median days on market for a home in Lents, Portland, OR is 50. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$429,0000.0%
    Listing Count
    		12616.0%
    Listings as % of Homes0.7%16.0%
    Days on Market
    		50-8.0%
    Loading chart...

    Demographics — Lents, Portland, OR

    As of the latest ACS Survey released in 2023, Lents, Portland, OR has a population of 36,000, which has increased by 3.0% over the past 5 years. Lents, Portland, OR is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 29.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		36,0003.0%
    % Under 18
    		20.0%-11.9%
    % Seniors
    		13.1%12.0%
    % WFH
    		14.7%219.6%
    % w/ College Degree
    		29.0%36.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Lents, Portland, OR is a predominantly white area, with 54.3% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Lents, Portland, OR is asian, making up 16.6% of the population. Foreign-born residents account for 21.1% of the population in Lents, Portland, OR, and this percentage has decreased by 19.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		54.3%-0.4%
    % Black
    		7.0%37.3%
    % Hispanic
    		14.3%-8.3%
    % Asian
    		16.6%-12.2%
    % Foreign Born
    		21.1%-19.5%
    Loading chart...

    Mortgage and Risk — Lents, Portland, OR

    According to HUD data as of 2023, there were 419 mortgage originations in Lents, Portland, OR, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Lents, Portland, OR. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		419
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Lents, Portland, OR

    As of 2024, the percent of homes in Lents, Portland, OR under the Section 8 program is 16.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lents, Portland, OR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		1,053
    Total Units Section 8
    		939
    % Rentals under Section 8
    		16.2%
    % Occupied Section 8
    		88.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$360$1,260$1,620
    2 Bedroom$250$1,600$1,850
    3 Bedroom$140$2,400$2,540
    4 Bedroom$230$2,750$2,980

    Affordability — Lents, Portland, OR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.7
    Median Home Price$405,000
    Median Household Income$71,800

    Lents, Portland, OR — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Montavilla, Portland, OR

    97216

    Brentwood-Darlington, Portland, OR

    97206

    Pleasant Valley, Portland, OR

    97236

    Happy Valley, OR

    97086

    Mount Tabor, Portland, OR

    97215

    Frequently Asked Questions