Housing · Deer Island

Deer Island, OR housing market

The typical Deer Island home is worth about $539,000, about the same as a year ago, 9% above the Oregon typical home.

Home values, sales, trends and how Deer Island compares with the towns next door — updated as new data is published.

The market right now

Deer Island at a glance

Typical home value
$539K
▲ 0.2% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

Deer IslandOregon
$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 Deer Island $539K Oregon $496K
Show as a table
JanuaryDeer IslandOregon
2017$341,000$313,000
2018$370,000$337,000
2019$387,000$354,000
2020$391,000$369,000
2021$446,000$411,000
2022$519,000$480,000
2023$525,000$490,000
2024$516,000$495,000
2025$547,000$504,000
2026$542,000$500,000
August 2026$539,000$496,000
Renting

A two-bedroom rents for about $1,800

HUD's Fair Market Rent for a two-bedroom in Deer Island is $1,800 a month, utilities included: roughly what a modest, recently rented unit costs.

1 bedroom
$1,580
a month, with utilities
2 bedrooms
$1,800
a month, with utilities
3 bedrooms
$2,470
a month, with utilities

Studio $1,470 · 4 bedrooms $2,900

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97054; Portland-Vancouver-Hillsboro, OR-WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01