Rose City Park, Portland, OR—97213
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rose City Park, Portland, OR
As of Oct '25, the median home price in Rose City Park, Portland, OR is $540,000, with a year-over-year change of -1.2%. This indicates that home prices in Rose City Park, Portland, OR are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $540,000 | -1.2% |
| Single Family | $549,000 | -1.1% |
| Condos | $268,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $318,000 | -4.5% |
2 Bed | $452,000 | -2.2% |
3 Bed | $564,000 | -1.2% |
4 Bed | $662,000 | -0.3% |
| 5 Bed | $749,000 | 0.3% |
% of Housing Stock
Rental Trends — Rose City Park, Portland, OR
As of July '25, Rentcast reports the average rent in Rose City Park, Portland, OR is $1,950, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Rose City Park, Portland, OR is studios: $1,220, 1-bedrooms: $1,390, 2-bedrooms: $1,890, 3-bedrooms: $2,920, 4-bedrooms: $3,260. The most common rental property sizes in Rose City Park, Portland, OR are 2-bedroom and 1-bedroom, accounting for 42.3% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,950 |
| Studio Rent | $1,230 | $1,220 |
| 1 Bed Rent | $1,350 | $1,390 |
| 2 Bed Rent | $1,800 | $1,890 |
| 3 Bed Rent | $2,700 | $2,920 |
| 4 Bed Rent | $3,300 | $3,260 |
% of Rental Stock
Property Listings — Rose City Park, Portland, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Rose City Park, Portland, OR is 42. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $487,000 | -8.0% |
Listing Count | 120 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 42 | 24.0% |
Demographics — Rose City Park, Portland, OR
As of the latest ACS Survey released in 2023, Rose City Park, Portland, OR has a population of 31,200, which has decreased by -4.9% over the past 5 years. Rose City Park, Portland, OR is a moderately popular place for families, as children make up 17.3% of the population. The area has a highly educated workforce, with 60.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | -4.9% |
% Under 18 | 17.3% | -7.5% |
% Seniors | 14.9% | 24.2% |
% WFH | 31.0% | 264.7% |
% w/ College Degree | 60.9% | 9.5% |
As of the latest ACS Survey released in 2023, Rose City Park, Portland, OR is a predominantly white area, with 78.5% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Rose City Park, Portland, OR is hispanic, making up 6.2% of the population. Foreign-born residents account for 8.4% of the population in Rose City Park, Portland, OR, and this percentage has increased by 16.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.5% | -1.8% |
% Black | 2.1% | -32.3% |
% Hispanic | 6.2% | 6.9% |
% Asian | 5.4% | -23.9% |
% Foreign Born | 8.4% | 16.7% |
Mortgage and Risk — Rose City Park, Portland, OR
According to HUD data as of 2023, there were 575 mortgage originations in Rose City Park, Portland, OR, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Rose City Park, Portland, OR. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 575 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Rose City Park, Portland, OR
As of 2024, the percent of homes in Rose City Park, Portland, OR under the Section 8 program is 13.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Rose City Park, 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 | 661 |
Total Units Section 8 | 661 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 85.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,350 | $1,810 |
| 2 Bedroom | $270 | $1,800 | $2,070 |
| 3 Bedroom | $140 | $2,700 | $2,840 |
| 4 Bedroom | $30 | $3,300 | $3,330 |
Affordability — Rose City Park, Portland, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $540,000 |
| Median Household Income | $95,800 |