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Newest Homes for Rent in Damascus, OR

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  • 17275 SE Elias Ct, Damascus, OR 97089
    17275 SE Elias Ct, Damascus, OR 97089
    17275 SE Elias Ct, Damascus, OR 97089
    /28

    $2,795 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,550 Sq Ft
    • EXCEPTIONAL ELIAS

    17275 SE Elias Ct, Damascus, OR 97089

    Welcome home to this beautiful 3-bedroom, 2-bathroom home featuring an open-concept kitchen with matching stainless steel appliances, quartz countertops, a spacious island, and a built-in microwave. Enjoy hardwood floors downstairs, brand-new carpeting upstairs, air conditioning, an in-unit washer and dryer, and a spacious primary suite with a private bath and walk-in closet. Step through the

    17275 SE Elias Ct, Damascus, OR 97089
  • 15421 SE Cobalt Loop, Damascus, OR 97089
    15421 SE Cobalt Loop, Damascus, OR 97089
    15421 SE Cobalt Loop, Damascus, OR 97089
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    $3,500

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 2,100 Sq Ft
    • Townhouse for Rent

    15421 SE Cobalt Loop, Damascus, OR 97089

    Noelle P. FriesenLicensed Property ManagerOwner, NPF PropertiesBeautiful Home with Amenities Galore Inside and Out! (Unfurnished! New pictures of it unfurnished coming soon)15421 SE Cobalt LoopDamascus, OR 97089Property Details:2100 square feet2 story corner unit Townhouse 4 bedrooms (3 are quite large with vaulted ceilings!)2.5

    15421 SE Cobalt Loop, Damascus, OR 97089
  • 16347 SE Maduros Way, Damascus, OR 97089
    16347 SE Maduros Way, Damascus, OR 97089
    16347 SE Maduros Way, Damascus, OR 97089
    /20

    $3,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,130 Sq Ft
    • 3 Bedroom/2.5 Bath + Bonus Room & Outdoor living

    16347 SE Maduros Way, Damascus, OR 97089

    Welcome home to this beautifully 3-bedroom, 2.5-bath residence in the heart of Damascus, where comfort, functionality, and outdoor living come together. The thoughtfully designed floor plan offers spacious living areas and a versatile bonus room—perfect as a home office, media room, playroom, or guest space.The open-concept main living area creates an inviting atmosphere for everyday

    16347 SE Maduros Way, Damascus, OR 97089
Oregon Clackamas County Damascus

Newest Homes for Rent in Damascus, OR

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 $2,997 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
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 $119,880 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 $2,997 per month in Damascus, OR, renters typically need to show $8,991 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 18.3, 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 Centennial, Southwest Gresham, Pleasant Valley, Hollybrook and Centennial-Gresham, each with its own character and price range.

Rental Trends in Damascus, OR

There are currently 3 homes available for rent in Damascus, OR. The median rent is $2,997 per month, with single-family homes renting at $2,925, townhouses at $3,600 and condos at $2,795.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,997
Median Single Family Home Rent
$2,925
Median Townhouse Rent
$3,600
Median Condo Rent
$2,795
How to Rent a Home

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