Rhododendron, OR housing market
The typical Rhododendron home is worth about $432,000, about the same as a year ago, 13% below the Oregon typical home.
Home values, sales, trends and how Rhododendron compares with the towns next door — updated as new data is published.
Rhododendron at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Rhododendron | Oregon |
|---|---|---|
| 2017 | $246,000 | $313,000 |
| 2018 | $265,000 | $337,000 |
| 2019 | $287,000 | $354,000 |
| 2020 | $301,000 | $369,000 |
| 2021 | $338,000 | $411,000 |
| 2022 | $396,000 | $480,000 |
| 2023 | $418,000 | $490,000 |
| 2024 | $423,000 | $495,000 |
| 2025 | $436,000 | $504,000 |
| 2026 | $433,000 | $500,000 |
| August 2026 | $432,000 | $496,000 |
Rhododendron and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Rhododendron | $432K | +0.1% | $1,970 | $86,161 |
| Mount Hood Villages | — | −2.5%† | $1,880 | $91,817 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,970
HUD's Fair Market Rent for a two-bedroom in Rhododendron is $1,970 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,610 · 4 bedrooms $3,190
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97049; 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, May 2026. 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.