Cost of Living in Oregon
Housing costs, rent, income, and affordability for 418 cities in OR. Updated 2026.
Understanding the cost of living in Oregon is essential whether you're planning a move, comparing job offers, or evaluating real estate investments. This page breaks down housing costs, rent prices, and median household income for every city in Oregon, with comparisons to national averages.
Oregon's average home value of $344,617 is 41% above the national median of $244,900. The average median household income is $67,811, and average monthly rent is $874.
Most Affordable Cities in Oregon
Cities with population 5,000+ ranked by lowest median home value.
| # | City | Home Value | Rent | Income | Population |
|---|---|---|---|---|---|
| 1 | Umatilla | $191,000 | $1,076/mo | $59,861 | 7,531 |
| 2 | Milton-Freewater | $209,800 | $817/mo | $47,440 | 7,096 |
| 3 | Ontario | $217,500 | $790/mo | $43,887 | 11,728 |
| 4 | Winston | $219,200 | $1,050/mo | $53,125 | 5,663 |
| 5 | Altamont | $222,600 | $998/mo | $56,236 | 19,844 |
| 6 | Baker City | $233,500 | $833/mo | $58,125 | 10,177 |
| 7 | Green | $238,200 | $1,131/mo | $69,384 | 7,916 |
| 8 | La Grande | $244,200 | $970/mo | $56,409 | 13,059 |
| 9 | Hermiston | $244,700 | $1,009/mo | $67,128 | 19,406 |
| 10 | Sweet Home | $245,700 | $1,135/mo | $59,479 | 9,977 |
| 11 | Klamath Falls | $257,400 | $962/mo | $47,268 | 21,879 |
| 12 | Sutherlin | $261,700 | $1,149/mo | $51,860 | 8,574 |
| 13 | Roseburg | $266,600 | $1,015/mo | $52,928 | 23,773 |
| 14 | Coos Bay | $272,100 | $986/mo | $55,292 | 15,867 |
| 15 | Tillamook | $272,300 | $1,098/mo | $57,604 | 5,229 |
Most Expensive Cities in Oregon
| # | City | Home Value | Rent | Income | Population |
|---|---|---|---|---|---|
| 1 | Lake Oswego | $894,000 | $2,031/mo | $140,441 | 40,367 |
| 2 | Raleigh Hills | $865,500 | $1,522/mo | $109,306 | 6,669 |
| 3 | Cedar Mill | $839,200 | $1,780/mo | $167,037 | 19,482 |
| 4 | West Haven-Sylvan | $743,900 | $1,830/mo | $120,709 | 8,265 |
| 5 | West Linn | $733,300 | $2,006/mo | $138,526 | 27,065 |
| 6 | West Slope | $700,700 | $1,612/mo | $102,656 | 6,985 |
| 7 | Bethany | $699,200 | $2,227/mo | $164,315 | 31,700 |
| 8 | Happy Valley | $671,800 | $2,025/mo | $120,324 | 25,572 |
| 9 | Bull Mountain | $670,200 | $1,802/mo | $160,755 | 9,465 |
| 10 | Bend | $646,800 | $1,767/mo | $88,792 | 101,472 |
Highest Income Cities in Oregon
| # | City | Median Income | Home Value | Population |
|---|---|---|---|---|
| 1 | Cedar Mill | $167,037 | $839,200 | 19,482 |
| 2 | Bethany | $164,315 | $699,200 | 31,700 |
| 3 | Bull Mountain | $160,755 | $670,200 | 9,465 |
| 4 | Lake Oswego | $140,441 | $894,000 | 40,367 |
| 5 | West Linn | $138,526 | $733,300 | 27,065 |
| 6 | Oak Hills | $124,594 | $632,600 | 11,464 |
| 7 | West Haven-Sylvan | $120,709 | $743,900 | 8,265 |
| 8 | Happy Valley | $120,324 | $671,800 | 25,572 |
| 9 | Damascus | $112,774 | $637,100 | 10,888 |
| 10 | Sherwood | $110,616 | $564,200 | 20,227 |
Cost of Living FAQ — Oregon
What is the average cost of living in Oregon?
The average median home value across Oregon cities is $344,617, with average rent of $874/month. The average median household income is $67,811.
What are the cheapest cities in Oregon?
The most affordable cities in Oregon by home value include Umatilla ($191,000), Milton-Freewater ($209,800), Ontario ($217,500).
What is the most expensive city in Oregon?
The most expensive city in Oregon is Lake Oswego with a median home value of $894,000.
How does Oregon compare to the national average?
Oregon's average home value of $344,617 is above the national median of $244,900. Median rent of $874/month is below the US average of $1,163.