Merlo Station, Beaverton, OR
Merlo Station — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Merlo Station, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Merlo Station Neighborhood Overview
Merlo Station is a well-established residential neighborhood in Beaverton, Oregon, within Washington County and ZIP code 97003. It offers a balanced suburban lifestyle with a notable emphasis on walkability and community connectivity. The area is characterized by its quiet streets and proximity to essential services and green spaces.
Lifestyle & Amenities
Residents enjoy a highly walkable environment, evidenced by its EPA Walkability Index score of 16.7 out of 20. The neighborhood provides convenient access to local parks, shopping centers, and dining options typical of the Beaverton area. Its central location fosters a practical, amenity-rich lifestyle for individuals and families.
Real Estate Market
The Merlo Station housing market is active and positioned in the upper-mid tier, with a median home value of $428,800. In 2023, there were 430 mortgage originations, predominantly conventional loans (344), indicating a stable and desirable market. The median gross rent is $1,816 per month, offering options for both owners and renters.
Schools & Education
Families are served by several nearby schools, including Barnes Elementary (0.81mi), Meadow Park Middle School (0.79mi), and Community School (0.64mi). Additional options like Beaver Acres Elementary and Sunset High School are within a short distance. This provides a range of educational choices for students at all levels.
Transportation & Connectivity
The neighborhood's excellent walkability reduces reliance on cars for daily errands. Major roads and public transit options provide easy connections to downtown Beaverton, Portland, and the broader Silicon Forest tech corridor. This makes commuting and regional access straightforward for professionals.
Why Choose Merlo Station
Merlo Station appeals to those seeking a walkable, established community with strong real estate fundamentals and a median household income of $92,733. It is ideal for families valuing school options and professionals needing efficient regional access. The neighborhood represents a balanced and practical choice within the Beaverton area.
Merlo Station Market Data
| Metric | Value |
|---|---|
| Median Home Price | $429K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $93K |
| Homeownership Rate | 56.0% |
| Renter-Occupied | 44.0% |
| Rental Vacancy Rate | 4.5% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97003 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 430 |
| VA Loan Originations | 25 |
| VA Loan Share | 5.8% |
| Conventional Loan Originations | 344 |
| FHA Loan Originations | 61 |
Top Real Estate Agents in Merlo Station, Beaverton
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Merlo Station, Beaverton, OR. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15