Merlo Station, Hillsboro, OR
Merlo Station — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Merlo Station, Hillsboro, 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 Hillsboro, Oregon, within Washington County and ZIP code 97003. It offers a balanced suburban lifestyle with strong community ties and convenient access to the broader Portland metro area. The area is characterized by its quiet streets and family-friendly atmosphere.
Lifestyle & Amenities
The neighborhood boasts a high walkability score of 16.7 out of 20, promoting an active, pedestrian-friendly environment. Residents enjoy proximity to local parks, shopping centers, and dining options within Hillsboro. This accessibility supports a convenient daily life where many errands can be accomplished on foot.
Real Estate Market
Merlo Station is an upper-mid market tier neighborhood with a median home value of $428,800. The market is active, with 430 mortgage originations in 2023, predominantly conventional loans. The median gross rent is $1,816 per month, providing options for both homeowners and renters.
Schools & Education
Families are served by several nearby schools, including Barnes Elementary and Meadow Park Middle School within a mile. High school options include the close-by Community School and the larger Sunset High School. This variety offers educational choices for residents with children.
Transportation & Connectivity
The neighborhood's location in Hillsboro provides excellent connectivity to major employment centers, including the Silicon Forest tech corridor. Easy access to highways and public transit facilitates commutes to Portland and throughout Washington County. Its walkable design further reduces reliance on cars for local trips.
Why Choose Merlo Station
Merlo Station appeals to those seeking a stable, accessible community with a median household income of $92,733. It combines the benefits of high walkability with a strong real estate market and good schools. This makes it a compelling choice for professionals and families looking for a connected suburban home.
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, Hillsboro
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Merlo Station, Hillsboro, OR. Explore the available cited neighborhood data on this page.
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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