Market Summary

Independence, Polk County, OR

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Median Home Price Price

$412,568 $412.6K

Median Monthly Rent Rent

$1,962 $2K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Polk County

Region Price Rent GRM Display
$462,532 $1,429 27.0x
$462,084 $1,294 30.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OR outside of Polk County

Region Price Rent GRM Display
$575,101 $1,903 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OR

Region Price Rent GRM Display
$259,074 $1,237 17.0x
$429,118 $1,843 19.0x
$274,657 $1,357 17.0x
$257,825 $1,361 16.0x
$366,371 $1,907 16.0x
$396,941 $1,990 17.0x
$252,628 $1,255 17.0x
$604,134 $1,987 25.0x
$391,987 $1,744 19.0x
$287,614 $1,401 17.0x
$342,262 $1,598 18.0x
$467,850 $1,930 20.0x
$272,196 $1,315 17.0x
$308,813 $1,401 18.0x
$510,249 $1,933 22.0x
$316,469 $1,547 17.0x
$648,625 $1,893 29.0x
$209,370 $1,140 15.0x
$272,311 $1,512 15.0x
$238,763 $1,407 14.0x
$340,101 $1,658 17.0x
$257,082 $1,167 18.0x
$317,798 $1,605 16.0x
$275,732 $1,215 19.0x
$299,818 $1,848 14.0x
$215,234 $1,017 17.0x
$345,853 $1,626 18.0x
$226,348 $1,181 16.0x
$505,413 $2,002 21.0x
$341,192 $1,564 18.0x
$160,578 $1,172 11.0x
$415,959 $2,039 17.0x
$342,291 $1,307 22.0x
$326,788 $1,359 20.0x
$298,631 $907 27.0x
$538,839 $2,042 22.0x
$254,797 $1,597 13.0x
$189,942 $1,217 13.0x
$896,138 $2,054 36.0x

Home prices

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Monthly rent

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GRM

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Independence

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Trend Insights

Median Rent in Independence, OR is $1,962, with MoM change +$16 and YoY change +$87 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Independence, OR.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Independence, OR
Compare market Select a market
Delta vs base
Median rent
$1,962
N/A
Median price
$412,568
N/A
YoY change
+$87
N/A
Price-to-rent
17.5x
Data unavailable
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