Commercial Real Estate Market in Pendleton, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
65 active listings and 1,013 off-market properties in Pendleton, OR.
Market Trends
Pendleton, OR spans 496.2 square miles in Umatilla County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Pendleton, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Pendleton, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Pendleton, 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 Pendleton, 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 40.7%
- Industrial 27.5%
- Agricultural 20.3%
- Commercial 6.6%
- Mixed use 4.9%
Largest Zones share of zoned land by district
Light Industrial
Medium Density Residential
Light Density Residential
Exclusive Farm Use
Aviation Activities
Pendleton, OR zones 8,770 acres across 10 districts. Commercial zoning covers 6.6% of zoned land, residential 40.7% and industrial 27.5%. The largest single district is Light Industrial at 22.5%. For commercial buyers the practical constraint is that only 34.1% of land carries a commercial or industrial designation.
Light Industrial (M-1)
Except as modified within applicable subdistricts, to provide, enhance and protect areas to accommodate a wide range of manufacturing and allied uses that need generally flat topography and easy access to arterials and intermodal shipping facilities, and to reserve industrial sites near the airport for specific employment uses identified in the Pendleton Eco…
Market overview
Demographics & Economy
Pendleton, OR has 21,882 residents in 9,033 households. Density runs 44 people per square mile. Median household income here is $73,308 and median gross rent $924 a month.
21,882
Population
9,033
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
92%
High-School Grad
496.2 sq mi
ZIP Area
44
Density / Sq Mi
$73,308
Median Household Income
$38,719
Median Earnings
$924
Median Rent
$277,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Pendleton?
Commercial property in Pendleton, OR asks an average of $140 per square foot. The 5 most recent recorded sales traded at a median of $180/SF.
What zoning applies to commercial property in Pendleton?
Pendleton, OR zones 8,770 acres across 10 districts, of which 6.6% is commercial and 27.5% industrial. The largest single district is Light Industrial at 22.5% of zoned land. Except as modified within applicable subdistricts, to provide, enhance and protect areas to accommodate a wide range of manufacturing and allied uses that need generally flat topography and easy access to arterials and intermodal shipping facilities, and to reserve industrial sites near the airport for specific employment uses identified in the Pendleton Eco… Residential zoning covers 40.7% and open space 0%.
Where does Realmo's Pendleton market data come from?
Realmo compiles Pendleton, OR figures from 5 recent recorded sales, 61 active sale listings, 4 active lease listings, 1,013 tracked off-market properties, the current Pendleton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 61 active for-sale and 4 active for-lease listings in Pendleton, 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: 8,770 zoned acres across 10 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
