Banks, Washington County, OR

Median Home Price Price

$616,489 $616.5K

Median Monthly Rent Rent

$1,983 $2K

26.0x

Market Snapshot

Banks, Washington County, OR is a city market with a median home price of $616,489, a median monthly rent of $1,983, a GRM of 26.0x, and a price-to-rent ratio of 25.9.

More markets to explore

Top recommendation Nearby alternative Similar GRM Lower price Lower rent
High confidence
Price $516.4K
Rent $1.7K
GRM 26.0x
Explore the data
Region Show
Forest Grove
$516K $1.7K 26.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Eagle Point, Jackson County, OR
$461K $1.5K 26.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Idaho City, Boise County, ID
$379K $892 35.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Banks

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Benchmark comparison

Rent in Banks, OR is 18.3% higher than Forest Grove, OR.

Banks, OR
Forest Grove, OR
Delta
Median rent
$1,983
$1,676
-$307
Median price
$616,489
$516,399
-$100,090
YoY change
+$56
+$40
-$16
Price-to-rent
25.9x
25.7x
-0.2x

Key takeaways

  • Banks, Washington County, OR has a higher-grm screening profile: At 26.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $56 year over year.
  • Rent in Banks, OR is 18.3% higher than Forest Grove, OR.