Commercial Real Estate Market in Milton Freewater, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
9 active listings and 455 off-market properties in Milton Freewater, OR. Commercial property asks $357/SF to buy and $21.12/SF/Yr to lease.
Market Trends
Milton Freewater, OR spans 292.9 square miles in Umatilla County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Milton Freewater, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Milton Freewater, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Milton Freewater, 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 Milton Freewater, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Milton Freewater, OR has 11,512 residents in 5,245 households. Density runs 39 people per square mile. Median household income here is $54,013 and median gross rent $858 a month.
11,512
Population
5,245
Households
2.2
Avg Household Size
39
Median Age
13%
College-Educated
79%
High-School Grad
292.9 sq mi
ZIP Area
39
Density / Sq Mi
$54,013
Median Household Income
$32,787
Median Earnings
$858
Median Rent
$225,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milton-Freewater | — | — |
| Walla Walla | — | — |
| Athena | — | — |
Commercial property in Milton Freewater, OR asks $357/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Milton Freewater?
Commercial property in Milton Freewater, OR asks an average of $357 per square foot.
How much does it cost to lease commercial space in Milton Freewater?
Asking lease rates in Milton Freewater, OR average $21.12 per square foot per year.
Where does Realmo's Milton Freewater market data come from?
Realmo compiles Milton Freewater, OR figures from 8 active sale listings, 1 active lease listings, 455 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 1 active for-lease listings in Milton Freewater, 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.
- 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
