Hermiston-Pendleton, OR Micro

Hermiston-Pendleton, OR real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.9%/yr.

Rent growth

: 3.2%/yr.

Median cap rate

: 3.0%.

Median IRR

: 4.0%.

Median rental home value

: $260,950.

Median rental rate

: $997/mo.

Median property tax

: $2,454/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Hermiston-Pendleton, OR →

Top listings right now

2768 High Desert Loop, Umatilla, OR 97882 $292,900· 3 bd· 2 ba
190 Tyler Ave, Umatilla, OR 97882 $289,000· 3 bd· 2 ba
153 W Beech Ave, Hermiston, OR 97838 $299,000· 7 bd· 3 ba
410 Costanza Ave, Umatilla, OR 97882 $310,000· 3 bd· 2 ba
803 W Tamarack Ave, Hermiston, OR 97838 $269,950· 2 bd· 1 ba
1035 W Ridgeway Ave, Hermiston, OR 97838 $274,900· 3 bd· 1 ba
797 Diagonal Blvd, Hermiston, OR 97838 $269,900· 2 bd· 1 ba
1396 NE Gladys Dr, Hermiston, OR 97838 $285,000· 3 bd· 2 ba
1270 W Hartley Ave, Hermiston, OR 97838 $319,000· 3 bd· 2 ba
28544 Hwy 730, Umatilla, OR 97882 $299,950· 3 bd· 2 ba
1114 Se Alexander Ct, Hermiston, OR $329,835· 3 bd· 2 ba
129 Catherine Ave, Milton Freewater, OR 97862 $265,000· 2 bd· 1 ba
120 SE 11th Ave, Milton Freewater, OR 97862 $275,000· 2 bd· 1 ba
897 NE Laurel Springs Dr, Hermiston, OR 97838 $374,997· 3 bd· 0 ba
867 E Kinsley Ave, Hermiston, OR 97838 $374,000· 3 bd· 2 ba
629 Grant St, Umatilla, OR $336,000· 3 bd· 2 ba
900 E Maple Brook Ave, Hermiston, OR $397,000· 4 bd· 3 ba
896 E Maple Brook Ave, Hermiston, OR $382,000· 3 bd· 2 ba
1133 Se Alexander Ct, Hermiston, OR $396,990· 4 bd· 2 ba
1009 SE Columbia Dr, Hermiston, OR 97838 $394,990· 4 bd· 0 ba

ZIP codes in Hermiston-Pendleton, OR

Rental market data for every ZIP code in this micro area.