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Damascus, OR Home for Rent

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    $3,800 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,661 Sq Ft
    • House for Rent

    17539 SE Acadia St, Damascus, OR 97089

    Spacious 4-Bedroom Home in Prime Damascus / Happy Valley Neighborhood 17539 SE Acadia St, Damascus, OR 97089 4 Bedrooms • 2.5 Bathrooms • 2,730 Sq Ft • Built 2016 Move-In Ready • Updated Throughout • 1 Small Pet AllowedStep into comfort, style, and space in this beautifully updated newer home located in one of the most desirable neighborhoods in the Damascus / Happy Valley area. With a

    17539 SE Acadia St, Damascus, OR 97089

Why Live in Damascus

Damascus, Oregon, is a community that straddles the line between rural and suburban living, offering residents expansive properties and scenic views. The area features large lots, some reaching up to 10 acres, and a variety of home styles ranging from early 20th-century builds to new constructions. Residents enjoy proximity to the amenities of Happy Valley, Southgate, and Clackamas, which are just a short drive away. Local shopping options include New Seasons Market and Fred Meyer in Happy Valley, while closer to home, Damascus Square features Bow and Arrow Coffeehouse and Pub 212. The Gresham-Barlow School District serves the community, with Deep Creek – Damascus K-8 School earning high ratings and offering numerous after-school clubs. Outdoor recreation is abundant, with nearby Boring providing access to the Springwater Corridor Trail and Cazadero Trail, offering over 20 miles of walking and biking paths. Damascus itself features Centennial Park, which includes a playground and picnic area. Commuting to downtown Portland is convenient, taking about 30 minutes by car, and Portland International Airport is similarly accessible. The community is safer than the national average, adding to its appeal for those seeking a balance of rural charm and suburban convenience.

Frequently Asked Questions

How much does it cost to rent a home in Damascus, OR?
The median rent for a home in Damascus, OR is $2,650 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Damascus, OR?
To comfortably afford the median rent in Damascus, OR, a household needs to earn roughly $106,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,650 per month in Damascus, OR, renters typically need to show $7,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Damascus, OR?
In Damascus, OR, the price-to-rent ratio is 20.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Damascus, OR are best for renting a home?
The best neighborhood for renting in Damascus, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southwest Gresham, Pleasant Valley, Hollybrook, Kelly Creek and Centennial-Gresham, each with its own character and price range.

Rental Trends in Damascus, OR

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,650
Median Single Family Home Rent
$2,650
How to Rent a Home