Home prices
The median home in Damascus costs $434,200. In comparison to its nearby areas this is approximately $116,700 (36%) higher.In comparison to the United States as a whole it is approximately $216,700 (99%) higher, and compared to the city of Portland is about $22,200 (5%) higher.
Rents
The median monthly rent in Damascus is $1,598. This is about $274 (20%) higher compared to nearby areas.Compared to the entire country it is approximately $536 (50%) higher, and it is about $350 (28%) higher in comparison to the city of Portland.
Nearby places
Happy Valley
Happy Valley is Damascus's neighbor to the west. The housing prices there are a bit more expensive. Happy Valley's median home value is $508,400, which is $74,200 (14%) higher than Damascus. The rent there is pretty similar. Happy Valley's median monthly rent is $1,598, which is very similar to Damascus.
Gresham
Gresham is Damascus's neighbor to the north. Its housing prices are substantially less expensive. The price of the median home in Gresham is $287,900, which works out to $146,300 (50%) lower than Damascus. The rent there is significantly less expensive. In Gresham the median monthly rent is $1,178, which is $420 (35%) lower than Damascus.
Oatfield
Oatfield is roughly 6 miles west of Damascus. The housing prices there are somewhat less expensive. The median home in Oatfield is valued at $366,400, which comes out to $67,800 (18%) lower than Damascus. The rent there is a bit less expensive. In Oatfield the median monthly rent is $1,299, which works out to $299 (23%) lower than Damascus.
Gladstone
Gladstone is roughly 6 miles west of Damascus. Its real estate prices are significantly less expensive. The price of the median home in Gladstone is $302,200, which works out to $132,000 (43%) lower than Damascus. Rents there are a bit less expensive. In Gladstone the median monthly rent is $1,334, which works out to $264 (19%) lower than Damascus.
Wood Village
Wood Village is about 7 miles north from Damascus. Housing prices there are substantially less expensive. Wood Village's median home cost is $122,600, which is $311,600 (254%) lower than Damascus. Rents there are a lot less expensive. The median monthly rent in Wood Village is $1,210, which comes out to $388 (32%) lower than Damascus.
