Real Estate Investing in Falls City, Oregon

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

1 ZIP codes • Population: 1,464 • Polk County

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

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Falls City, OR?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.2% 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 $364,368
Avg Monthly Rent $1,260
ZIP Codes 1

Investing in Falls City Real Estate

Across Falls City's 1 ZIPs, the picture is subdued: $364K median values, $1,260/mo rents, and a population that has faced real economic pressure.

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

Rents in Falls City at $1,260/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Falls City show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Salem, OR

Falls City is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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

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Avg Home Value
$364,368
Avg Monthly Rent
$1,260
1% Rule
✗ Below
Landlord Friendly (OR)

📉 Market Crash Risk Index

Based on Salem, OR metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
1/2
51 days

View all metro crash risk rankings →

❄️ Cool Market — Salem, OR metro
51
Days to pending
10.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Falls City, OR

Screen every ZIP in Falls City

Filter Falls City’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 Falls City, OR

How qualified is the tenant pool in Falls City, OR?

Falls City, OR draws a stable base of working renters. Demand at the $1,260/mo rent level is reasonable for standard single-family and small multi rentals.

Is real estate in Falls City, OR a good investment right now?

Investors tracking Falls City, OR will find a 3.0/5 rating supported by $364K median home values and $1,260/mo rents. That profile suits long-term holders targeting stable returns.

How much does a house cost in Falls City, OR?

Median home price in Falls City, OR is near $364K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.

What investment strategy works best in Falls City, OR?

A careful cash-flow rentals with hands-on management strategy Falls City, OR best. The market produces stable results for that approach at the $364K price point.

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

Rental vacancy in Falls City, OR is elevated. Investors should budget normal turnover but not chronic empty units.

Community Ratings

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