Commercial Real Estate Market in Ontario, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
64 active listings and 870 off-market properties in Ontario, OR. Commercial property asks $99/SF to buy and $144.00/SF/Yr to lease.
Market Trends
Ontario, OR spans 260.2 square miles in Malheur County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Ontario, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Ontario, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Ontario, 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 Ontario, 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
- Industrial 40.7%
- Residential 35.1%
- Commercial 8.7%
- Civic 7.5%
- Special 4.9%
- Planned_development 1.3%
Largest Zones share of zoned land by district
Residential Urban Reserve Area
Heavy Industrial Urban Growth Area
Residential Urban Growth Area
Single Family Residential
Heavy Industrial
Ontario, OR zones 7,350 acres across 29 districts. Commercial zoning covers 8.7% of zoned land, residential 35.1% and industrial 40.7%. The largest single district is Residential Urban Reserve Area at 12.7%. For commercial buyers the practical constraint is that only 49.4% of land carries a commercial or industrial designation.
Residential Urban Reserve Area (R-URA)
The intent of R-URA district is to provide land use and development standards to lands within the city of Ontario Urban Growth Area designated for residential use as shown on the comprehensive plan and zoning maps
Market overview
Demographics & Economy
Ontario, OR has 19,534 residents in 6,730 households. Density runs 75 people per square mile. Median household income here is $48,442 and median gross rent $813 a month.
19,534
Population
6,730
Households
2.9
Avg Household Size
38
Median Age
15%
College-Educated
83%
High-School Grad
260.2 sq mi
ZIP Area
75
Density / Sq Mi
$48,442
Median Household Income
$30,000
Median Earnings
$813
Median Rent
$220,600
Median Home Value
Tools
Nearby Markets
Commercial property in Ontario, OR asks $99/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ontario?
Commercial property in Ontario, OR asks an average of $99 per square foot.
How much does it cost to lease commercial space in Ontario?
Asking lease rates in Ontario, OR average $144.00 per square foot per year.
What zoning applies to commercial property in Ontario?
Ontario, OR zones 7,350 acres across 29 districts, of which 8.7% is commercial and 40.7% industrial. The largest single district is Residential Urban Reserve Area at 12.7% of zoned land. The intent of R-URA district is to provide land use and development standards to lands within the city of Ontario Urban Growth Area designated for residential use as shown on the comprehensive plan and zoning maps Residential zoning covers 35.1% and open space 0%.
Where does Realmo's Ontario market data come from?
Realmo compiles Ontario, OR figures from 2 recent recorded sales, 63 active sale listings, 1 active lease listings, 870 tracked off-market properties, the current Ontario zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 63 active for-sale and 1 active for-lease listings in Ontario, 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: 7,350 zoned acres across 29 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
