Rent in Damascus, OR
A 2-bedroom in Damascus, OR (ZIP 97089) typically rents for about $1,700 a month, with a range of $1,700–$1,878. Owner-occupied homes in Clackamas County pay about 0.85% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,527 | $1,527 | 1 |
| 1 bed | $1,194 | $1,194–$1,633 | 1 |
| 2 beds | $1,700 | $1,700–$1,878 | 1 |
| 3 beds | $2,610 | $2,550–$2,610 | 1 |
| 4 beds | $3,500+ | $3,069–$3,500+ | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Damascus ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Damascus, OR?
- About $1,700 a month: the median of the typical rents in 1 ZIP code, which range from $1,700–$1,878. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Damascus, OR?
- About $1,194 a month: the median of the typical rents in 1 ZIP code, which range from $1,194–$1,633. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Damascus, OR?
- About $2,610 a month: the median of the typical rents in 1 ZIP code, which range from $2,550–$2,610. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Damascus, OR?
- About $1,527 a month: the median of the typical rents in 1 ZIP code, which range from $1,527. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Damascus, OR?
- About $3,500+ a month: the median of the typical rents in 1 ZIP code, which range from $3,069–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Damascus, OR?
- Owner-occupied homes in Clackamas County pay a typical 0.85% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Damascus rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).