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Mill City, OR Home Values and Rents
The typical home value in Mill City is $363,652, 181st highest of 227 cities and towns in Oregon. Median rent is $1,402 a month.
- Typical home value
- $363,652
- 181st of 227 in OR
- Median rent
- $1,402/mo
- ACS 2020-2024
- Price change, 1 year
- +1.5%
- Sep 2026
- Homeownership
- 68.4%
- OR: 63.3%
Typical home value in Mill City
Zillow Home Value Index, all homes, middle tier
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| Period | Mill City |
|---|---|
| Sep 2026 | $363,652 |
| Dec 2025 | $359,010 |
| Dec 2024 | $358,490 |
| Dec 2023 | $343,945 |
| Dec 2022 | $341,831 |
| Dec 2021 | $314,873 |
| Dec 2020 | $268,096 |
| Dec 2019 | $234,521 |
| Dec 2018 | $217,775 |
| Dec 2017 | $190,376 |
| Dec 2016 | $172,044 |
| Dec 2015 | $149,953 |
| Dec 2014 | $131,850 |
| Dec 2013 | $122,614 |
| Dec 2012 | $123,931 |
Over five years, Mill City prices changed +18.0%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
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| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 97360 | $310,100 | $1,371 | -6.3% | +39.9% |
Fair Market Rents, FY2027
HUD rent standard for Albany, OR MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,202 | +2.8% |
| 1 bedroom | $1,413 | +1.2% |
| 2 bedrooms | $1,726 | +1.8% |
| 3 bedrooms | $2,380 | +3.7% |
| 4 bedrooms | $2,672 | +0.4% |
Frequently asked questions
- What is the typical home value in Mill City, OR?
- The typical home value in Mill City is $363,652 (Zillow Home Value Index, Sep 2026). The Oregon median is $477,600.
- How much is rent in Mill City?
- The median rent in Mill City is $1,402 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,726.
- Are home prices going up in Mill City?
- The typical home value in Mill City changed +1.5% over one year and +18.0% over five years, as of Sep 2026.
- How does Mill City compare with the rest of Oregon?
- Mill City has the 181st highest median home value of 227 cities and towns with 1,000+ residents in Oregon.
- Which ZIP code in Mill City has the highest home values?
- ZIP code 97360 has the highest median home value at $310,100.