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Cedar Hills

Learn about the people, housing, costs and businesses in Cedar Hills, Oregon

Median Home$611,681
Median Rent$1,728/month
Population8,638
Leading IndustriesProfessional Services · Transportation · Manufacturing3% professional services
Home Value Growth+4.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners62% of occupied units
NotableAmenity Score85/100 · highly walkable area
NotableTransit86/100 · excellent transit access
Cedar Hills
OR

Frequently Asked Questions

What are today's mortgage rates in Cedar Hills?

As of today, the 30-year fixed mortgage rate for Cedar Hills is approximately 6.870% (6.905% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cedar Hills?

The median home value in Cedar Hills is $612k. The median monthly rent is $1,728. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cedar Hills?

Home values in Cedar Hills have increased 4.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cedar Hills?

Based on a typical all-in ownership cost of $1,789/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cedar Hills is $107k/year.

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What industries drive the economy in Cedar Hills?

The largest employment sectors in Cedar Hills are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.