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City · 11,437 residents · Clackamas County, Oregon

Damascus , Oregon

In Damascus, a typical home is worth $653,100 and typical rent is $2,654 a month. Compared with all of Clackamas County, typical rent is 51% higher, typical household income is 18% higher, and the share of households that own their home is 20 points higher.

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  • Typical home value

    $653,100

    7% above the county

    37% above Oregon

    • Damascus
    • Clackamas
    • Oregon

  • Typical rent

    $2,654a month

    51% above the county

    74% above Oregon

    • Damascus
    • Clackamas
    • Oregon

  • Typical household income

    $122,500a year

    18% above the county

    48% above Oregon

    • Damascus
    • Clackamas
    • Oregon

  • Households that own their home

    90%

    20 points above the county

    27 points above Oregon

    • Damascus
    • Clackamas
    • Oregon

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$663,163
0.6% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Damascus is in Clackamas County. The FHA loan limit ($701,500 for a one-unit home), the fair market rents and the help on this page are those of all of Clackamas County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Damascus apart

What this place has that others do not, from public data, most unusual first.

  1. Damascus has the highest typical rent of the 102 cities in Oregon with more than 5,000 people: $2,654.

  2. Damascus has the 2nd highest homeownership rate of the 105 cities in Oregon with more than 5,000 people (90%).

  3. Nearby, in Gresham, the typical rent is $1,586: 40% less than in Damascus ($2,654).

  4. Nearby, in Troutdale, the typical home value is $456,100: 30% less than in Damascus ($653,100).

  5. Damascus has the 7th highest typical household income of the 105 cities in Oregon with more than 5,000 people ($122,500).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Damascus

What homes there are in Damascus, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 95% of homes here, against 68% in Clackamas County.

Year built

Homes in Damascus are older: the typical year built is 1978; in Clackamas County, 1985.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,938 a month

Clackamas County: $2,559 a month

Without a mortgage

$822 a month

Clackamas County: $871 a month

Owners with a mortgage

66%

Clackamas County: 68%

In Damascus, 66% of owners have a mortgage, and their typical cost is $2,938 a month, against $2,559 in Clackamas County. Without one it drops to $822.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The boundaries of Damascus changed since 2015–2019, so the Census does not compare its figures from then and now. In Clackamas County, the typical home value rose 55%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureDamascusClackamas CountyOregonUnited States
Rental vacancy Unreliable estimate4.9%4.2%5.5%
Homeowner vacancy Unreliable estimate0.9%0.7%0.9%
More than one person per room Unreliable estimate2.2%3.2%3.4%
People per household 3.002.562.422.53
Drive alone 72%67%65%69%
Carpool 12%7%9%9%
Public transit Unreliable estimate1%2%3%
Walk or bike Unreliable estimate3%5%3%
Work from home 14%21%19%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 3.00 on average, against 2.56 in Clackamas County.

Carpooling is common in Damascus: 12% of workers get to work that way, against 7% in Clackamas County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Damascus?

A typical home costs more than the typical income allows

We start with a typical home in Damascus, worth $653,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 52% of the typical household income in Damascus, which is $122,500 a year. For that payment to be 28% of income, a household would need to earn about $229,348 a year.

The calculator's FHA and conventional loan limits are those of all of Clackamas County.

Your numbers

Local data
$

Starts at the typical home value in Damascus. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $22,859 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$5,351

at 7.18% · 30 years

Loan amount
$641,270
Total interest
$922,637
Paid off in
November 2056

Includes $11,029 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,858 a month

  • Tight

    $2,858 to $3,675 a month

  • Hard

    more than $3,675 a month

    Your payment · 52%

Compared with the typical household income in Damascus ($122,500 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,351
Principal & interest$4,344
Property tax$446
Home insurance$272
FHA mortgage insurance (MIP)$289

You need at least $22,859 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Damascus and Clackamas County

Damascus is in Clackamas County, Oregon. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Damascus's own numbers

Typical home value
$653,100
Typical monthly rent
$2,654
Typical yearly household income
$122,500
Households that own their home
90%
Effective property tax rate
0.82%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Clackamas County

FHA limit, one-unit home
$701,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,878
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
1.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Clackamas County.

Everything about Clackamas County

Buying

Buying a home in Damascus

A typical home in Damascus is worth $653,100: 7% above the county and 37% above Oregon. With the typical household income in Damascus ($122,500 a year), a typical home costs 5.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Damascus 5.3 years
  • Clackamas 5.9 years
  • Oregon 5.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Clackamas County

According to FHFA’s house price index, home prices in Clackamas County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Clackamas County.

Period County Oregon U.S.
Last year (2025) +1.6% +0.9% +2.9%
5 years (2020–2025) +36% +35% +47%
10 years (2015–2025) +87% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Damascus next to Clackamas County, Oregon and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Damascus $653,100
  • Clackamas $611,000
  • Oregon $477,600
  • United States $332,700
Typical monthly rent
  • Damascus $2,654
  • Clackamas $1,758
  • Oregon $1,525
  • United States $1,413
Typical yearly household income
  • Damascus $122,500
  • Clackamas $103,517
  • Oregon $83,011
  • United States $80,734
See the full table
Damascus next to Clackamas County and Oregon
Measure Damascus Clackamas County Oregon U.S.
Typical home value $653,100 $611,000 $477,600 $332,700
Typical monthly rent $2,654 $1,758 $1,525 $1,413
Typical yearly household income $122,500 $103,517 $83,011 $80,734
Households that own their home 90% 71% 63% 65%
Typical yearly property tax $5,340 $5,171 $3,876 $3,119
Effective property tax rate 0.82% 0.85% 0.81% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Clackamas County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Damascus

For a typical $653,100 home in Damascus, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Damascus's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,351a month

    Least cash to close
    Down payment
    $22,859
    Cash to close
    $42,452
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $289

  • Conventional, 5% down $5,232a month

    Down payment
    $32,655
    Cash to close
    $52,248
    Rate
    7.18%
    Mortgage insurance
    PMI · $310

  • Conventional, 20% down, no PMI $4,258a month

    Down payment
    $130,620
    Cash to close
    $150,213
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,862a month

    Down payment
    $97,965
    Cash to close
    $117,558
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Damascus and for Clackamas County.

Property tax

Effective rate in Damascus

0.82%of the home’s value each year

$5,340 a year for the typical owner in Damascus.

  • Damascus 0.82%
  • Clackamas 0.85%
  • Oregon 0.81%

What Oregon publishes 3 percent cap on maximum assessed value (Measure 50) (Oregon Legislature (Oregon Revised Statutes))

Exemptions and deadlines in Oregon

Flood risk in Clackamas County

FEMA does not publish these numbers by city: they are for all of Clackamas County.

Homes in the high-risk zone
1.3%
1,926
Of those, with NFIP insurance
41%
County Oregon U.S.
Homes in the high-risk zone 1.3% 2.8% 3.5%
Of those, with NFIP insurance 41% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Damascus

Typical rent in Damascus is $2,654 a month: 51% above the county.

HUD publishes a fair market rent for all of Clackamas County, by unit size. To pay the 2-bedroom one ($1,878 a month) without spending more than 30% of your income, you would need to earn $36.12 an hour working full time.

HUD fair market rent for all of Clackamas County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,527 $29.37 $61,080
1 bedroom $1,633 $31.40 $65,320
2 bedrooms $1,878 $36.12 $75,120
3 bedrooms $2,550 $49.04 $102,000
4 bedrooms $3,069 $59.02 $122,760

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Damascus

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Damascus is in ZIP code 97089.

For 2 bedrooms it is $2,820: $942 more than the fair market rent for Clackamas County ($1,878).

  • 97089 $2,820$3,830

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Damascus when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Damascus

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Clackamas County; 1 says it serves in Spanish.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Damascus

No down payment, repair or rent-help program on our list is for Damascus or Clackamas County. The ones below are statewide in Oregon: they work in Damascus the same as in the rest of the state.

Which programs do I qualify for? All programs in Oregon

  • OHCS Down Payment Assistance

    Statewide in Oregon

    Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median. Offered by Oregon Housing and Community Services (OHCS).

    GrantForgivable

    See the program Official page

  • FirstHome (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

  • NextStep (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

Housing counselors near Damascus

The HUD-approved agencies closest to the center of Damascus, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • DevNw

    421 High Street, Suite 110, Oregon City · 9 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (503) 655-8974

  • Portland Housing Center DBA Arrive

    3233 NE Sandy Blvd, Portland · 12 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (503) 282-7744

  • Hacienda Community Development Corporation

    6700 NE Killingsworth St, Portland · 12 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 3 more
    (503) 961-6432

Every agency in Clackamas County All counseling agencies in Oregon

Help in Spanish near Damascus

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Damascus

HUD’s record names them for Damascus or Clackamas County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Clackamas County Public housing and Section 8 vouchers (503) 655-8267

All housing agencies in Oregon Source: HUD

Cities

Other cities in Clackamas County

These cities are also in Clackamas County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Clackamas County Housing in Oregon
See 2 more cities in Clackamas County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Damascus, with the typical home value.

Neighboring counties

If Clackamas County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Damascus.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Damascus

Short answers with the numbers for Damascus and all of Clackamas County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Damascus?

The typical home value in Damascus is $653,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Clackamas County it is $611,000.

How much does it cost to rent in Damascus?

Typical rent in Damascus is $2,654 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Clackamas County is $1,878.

What is the FHA loan limit in Damascus?

Damascus uses the FHA limit for all of Clackamas County (2026): $701,500 for a one-unit home and $1,349,050 for a four-unit home.

How much property tax do owners pay in Damascus?

The typical homeowner in Damascus pays $5,340 a year, according to the U.S. Census Bureau. That is 0.82% of the home’s value; in Clackamas County, the rate is 0.85%.

Where can I find free help to buy or rent in Damascus?

There are 2 HUD-approved counseling agencies with an office in Clackamas County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).