Commercial Real Estate Market in Troutdale, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
20 active listings and 365 off-market properties in Troutdale, OR. Commercial property asks $294/SF to buy and $27.00/SF/Yr to lease.
Market Trends
Troutdale, OR spans 17.5 square miles in Multnomah County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Troutdale, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Troutdale, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Troutdale, 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 Troutdale, 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 40.6%
- Industrial 30.3%
- Open space 14.9%
- Commercial 7.8%
- Civic 4%
- Mixed use 2.5%
Largest Zones share of zoned land by district
General Industrial
Low Density Residential
Open Space
Low Density Residential
General Commercial
Troutdale, OR zones 3,649 acres across 16 districts. Commercial zoning covers 7.8% of zoned land, residential 40.6%, open space 14.9% and industrial 30.3%. The largest single district is General Industrial at 25.5%. For commercial buyers the practical constraint is that only 38.1% of land carries a commercial or industrial designation.
General Industrial (GI)
GI General Industrial 3.470 Other Districts 3.500 OS Open Space 3.520 Reserved 3.530 UPA-... Urban Planning Area - unincorporated areas with city zoning 3.040 NSA National Scenic Area - incorporated areas with county zoning 3.050 Troutdale Development Code Chapter 3 - Zoning Districts Color Key: Proposed by Staff | Required by Law TDC 3-3 PC Hearing Draft -…
Market overview
Demographics & Economy
Troutdale, OR has 21,792 residents in 7,823 households. Density runs 1,246 people per square mile. Median household income here is $84,164 and median gross rent $1,560 a month.
21,792
Population
7,823
Households
2.8
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
17.5 sq mi
ZIP Area
1,246
Density / Sq Mi
$84,164
Median Household Income
$42,162
Median Earnings
$1,560
Median Rent
$425,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Troutdale?
Commercial property in Troutdale, OR asks an average of $294 per square foot. The 3 most recent recorded sales traded at a median of $365/SF.
How much does it cost to lease commercial space in Troutdale?
Asking lease rates in Troutdale, OR average $27.00 per square foot per year.
What zoning applies to commercial property in Troutdale?
Troutdale, OR zones 3,649 acres across 16 districts, of which 7.8% is commercial and 30.3% industrial. The largest single district is General Industrial at 25.5% of zoned land. GI General Industrial 3.470 Other Districts 3.500 OS Open Space 3.520 Reserved 3.530 UPA-... Urban Planning Area - unincorporated areas with city zoning 3.040 NSA National Scenic Area - incorporated areas with county zoning 3.050 Troutdale Development Code Chapter 3 - Zoning Districts Color Key: Proposed by Staff | Required by Law TDC 3-3 PC Hearing Draft -… Residential zoning covers 40.6% and open space 14.9%.
Where does Realmo's Troutdale market data come from?
Realmo compiles Troutdale, OR figures from 6 recent recorded sales, 7 active sale listings, 13 active lease listings, 365 tracked off-market properties, the current Troutdale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 13 active for-lease listings in Troutdale, 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: 3,649 zoned acres across 16 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
