Hermiston, OR

Metro area in Oregon · Updated Jan 2026

12-Month Forecast ↑ +1.3%

Median Home Value

$301,712

↑ +2.0%

Year-over-year

Median Rent

$1,477/mo

↑ +3.2%

Year-over-year

Rental Yield

5.9%

Good for investors

5-Year Appreciation

+33.0%

Active Listings

253

For-sale inventory

Price-to-Rent Ratio

17

Neutral market

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.9%

12 Months

↑ +1.3%

5-Year Price Trend

Calculate your mortgage for Hermiston, OR

See monthly payments for a $301,712 home →

Should you rent or buy in Hermiston, OR?

Price-to-rent ratio: 17x — It depends on your timeline. Run a full breakeven analysis with Hermiston, OR numbers pre-filled →

Frequently Asked Questions