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Can I Afford to Live in Oregon?

Oregon - Stunning Pacific beauty, no sales tax, and Portland progressive culture. See median rent, home values, and the most affordable ZIP codes below.

$1,350/mo
Median Rent
$420K
Median Home
$70K
Median Income

Find ZIP Codes You Can Afford in Oregon

Enter your salary to see neighborhoods in your budget.

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🏠 To Buy in Oregon

With median home value of $420,000, you'd typically need an income of at least $105,000/year and a down payment of $42,000 (10%).

🏘️ To Rent in Oregon

With median rent of $1,350/month, you should earn at least $49K/year (30% rent-to-income rule). This is above the US median of $1,163/mo.

πŸ’° Median Income

Oregon residents earn a median household income of $70,084/year. Rent takes approximately 23% of median income.

Most Affordable ZIP Codes in Oregon

Ranked by lowest median rent, minimum population 3,000+

# ZIP Β· City Rent/mo Score
1 97206 Portland $837 49
2 97203 Portland $945 55
3 97205 Portland $1,180 63
4 97201 Portland $1,182 66
5 97210 Portland $1,618 73
6 97209 Portland $1,656 74
7 97212 Portland $1,656 74
8 97214 Portland $1,917 74
9 97202 Portland $2,008 72

Top-Rated Neighborhoods in Oregon

Highest ZipScore - best combination of safety, schools, and quality of life

FAQs: Living in Oregon

What salary do I need to live comfortably in Oregon?

To live comfortably in Oregon, you'd want to earn at least $48,600/year to rent at the median price without being cost-burdened (spending more than 30% of income on housing). To buy at the median home price of $420,000, aim for a salary of $105,000+.

Is Oregon expensive to live in?

Oregon has a median rent of $1,350/month, which is above the US national median of $1,163. Cost varies significantly by city and neighborhood - the table above shows the most affordable ZIP codes in Oregon.

What is the most affordable city in Oregon?

The most affordable ZIP codes in Oregon are ranked in the table above by median rent. Smaller cities and suburbs typically offer significantly lower costs than the major metro areas. Click any ZIP code to see its full neighborhood profile.

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