Real Estate Investing in Tillamook, Oregon

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

2 ZIP codes • Population: 12,886 • Tillamook County

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

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.5 / 5 (40/100)

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: 20.9% of homes vacant — above national norms.

What’s happening in Tillamook, OR?

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2.5/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.9% 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 $556,192
Avg Monthly Rent $1,206
ZIP Codes 2

Investing in Tillamook Real Estate

This is a distressed-leaning corner of Oregon: Tillamook has 2 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Across Tillamook's 2 ZIPs, fundamentals run underwhelming: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

clearly Tillamook's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Distressed-leaning demographics in Tillamook — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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 Tillamook, OR. Anonymous, moderated, never written by AI.

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Avg Home Value
$556,192
Avg Monthly Rent
$1,206
1% Rule
✗ Below
Landlord Friendly (OR)

🎓 Colleges & Universities in Tillamook

1 College 559 Students 223 Off-Campus Renters
C
Tillamook Bay Community College
2-Year Public · 559 students
📍 ~223 students rent off-campus

ZIP Codes in Tillamook, OR

Screen every ZIP in Tillamook

Filter Tillamook’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 Tillamook, OR

How much do tenants pay in Tillamook, OR?

Investors in Tillamook, OR typically see rents near $1,206/mo per month against $556K home values - a solid setup for rental cash flow.

Is Tillamook, OR better for rentals, flips, or BRRRR?

The best-fit strategy in Tillamook, OR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What kind of market is Tillamook, OR for investors?

Tillamook, OR scores 2.5/5 for investability. Home values sit at $556K and rents near $1,206/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is vacancy a concern in Tillamook, OR?

Tillamook, OR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the renter demographic in Tillamook, OR?

Tenant demand in Tillamook, OR is solid. The local workforce $1,206/mo rents across most rental classes.

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