Commercial Real Estate Market in Canby, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
54 active listings and 484 off-market properties in Canby, OR. Commercial property asks $179/SF to buy and $27.48/SF/Yr to lease.
Market Trends
Canby, OR spans 58.9 square miles in Clackamas County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Canby, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Canby, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Canby, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Canby, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.6%
- Industrial 21.8%
- Commercial 5.7%
Largest Zones share of zoned land by district
Low Density Residential
Light Industrial
High Density Residential
Medium Density Residential
Commercial And Manufacturing
Canby, OR zones 2,994 acres across 9 districts. Commercial zoning covers 5.7% of zoned land, residential 72.6% and industrial 21.8%. The largest single district is Low Density Residential at 56.5%. For commercial buyers the practical constraint is that only 27.4% of land carries a commercial or industrial designation.
Light Industrial (M-1)
Uses permitted outright in the M-1 zone shall be as follows: A. Manufacturing, fabricating, processing, compounding, assembling or packaging of products made from previously prepared materials such as cloth, plastic, paper, metal, wood (but not including sawmills or lumber mills), the operation of which will not result in 1. The dissemination of dusts, gas,…
Market overview
Demographics & Economy
Canby, OR has 24,512 residents in 9,152 households. Density runs 416 people per square mile. Median household income here is $99,343 and median gross rent $1,439 a month.
24,512
Population
9,152
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
416
Density / Sq Mi
$99,343
Median Household Income
$49,207
Median Earnings
$1,439
Median Rent
$509,100
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Canby?
Commercial property in Canby, OR asks an average of $179 per square foot.
How much does it cost to lease commercial space in Canby?
Asking lease rates in Canby, OR average $27.48 per square foot per year.
What zoning applies to commercial property in Canby?
Canby, OR zones 2,994 acres across 9 districts, of which 5.7% is commercial and 21.8% industrial. The largest single district is Low Density Residential at 56.5% of zoned land. Residential zoning covers 72.6% and open space 0%.
Where does Realmo's Canby market data come from?
Realmo compiles Canby, OR figures from 7 recent recorded sales, 47 active sale listings, 7 active lease listings, 484 tracked off-market properties, the current Canby zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 47 active for-sale and 7 active for-lease listings in Canby, OR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,994 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
