Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oregon area can be challenging. Home prices in Oregon are now at a median cost of $365,363, higher than the the United States average of $313,691.
The average cost of rent is $1,284/mo in Oregon, primarily driven by the current value of real estate in the Oregon area. While nearly 35.78% of residents own their homes outright in Oregon, 32.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oregon is $6,379 per month. Households that rent pay about 20.13% of their income on rent here. Oregon's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the state.
Nearby States
States with Similar Populations
- Rhode Island: less expensive homes
- Missouri: less expensive homes
- Montana: less expensive homes
- Nebraska: less expensive homes
- Nevada: less expensive homes
- New Jersey: equally priced homes
- New Mexico: less expensive homes
- New York: higher priced homes
- North Carolina: less expensive homes
- North Dakota: less expensive homes
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