Real Estate Investing in Enterprise, Oregon

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 4,591 • Wallowa County

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Should you buy in Enterprise, OR? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.3% of homes vacant — above national norms.

What’s happening in Enterprise, OR?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.7% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $381,979
Avg Monthly Rent $936
ZIP Codes 2

Investing in Enterprise Real Estate

Enterprise in Oregon is one of the markets where the numbers warn before they reward — 2 ZIPs, a sizable population, and a rating that reflects material risk.

Investors considering Enterprise, OR should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Enterprise are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Oregon.

Population dynamics in Enterprise haven't been supportive. less favorable for combined with thin income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Enterprise, OR. Anonymous, moderated, never written by AI.

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Avg Home Value
$381,979
Avg Monthly Rent
$936
1% Rule
✗ Below
Landlord Friendly (OR)

ZIP Codes in Enterprise, OR

Screen every ZIP in Enterprise

Filter Enterprise’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Enterprise, OR

Does a duplex house hack pencil in Enterprise, OR?

House hacking works a challenging in Enterprise, OR. Rents of $936/mo against $382K acquisition make the strategy solid for owner-occupants.

Is the tenant base reliable in Enterprise, OR?

Tenant quality in Enterprise, OR ranks as solid. Landlords generally report consistent occupancy at market rents of $936/mo.

Are eviction rules reasonable in Enterprise, OR?

Rental owners in Enterprise, OR deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What kind of vacancy should I budget for in Enterprise, OR?

Expect elevated vacancy in Enterprise, OR. Rents at $936/mo are absorbed by the tenant base without meaningful lag.

Where do rents currently stand in Enterprise, OR?

Expect rents around $936/mo per month in Enterprise, OR. With home values at $382K, the yield math works out to reasonable levels for rental investors.

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