🏦 Mortgage Calculators Oregon

How Much House Can I Afford in Oregon?

Find out how much house you can afford in Oregon with 0.97% property tax. Uses 28/36 rule with Oregon-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Oregon Quick Facts

9.9% Income Tax Rate

0.97% Property Tax Rate

$70,084 Median Income

113.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Oregon using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Oregon's effective property tax rate of 0.97% and average home insurance of $1,200/year. Median home price in Oregon: $480,000.

Key State Information

Oregon housing market: Median home price $480,000 | Property tax rate 0.97% | Avg home insurance $1,200/yr | Median household income $70,084. Homes are expensive relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Oregon?

With Oregon's median household income of $70,084 and a 10% down payment, you can typically afford a home priced around $245,294-$315,378 depending on debts and interest rates. The median home in Oregon costs $480,000.

What is the property tax rate in Oregon?

Oregon's effective property tax rate is 0.97%. On a $480,000 home, that's approximately $4,656/year or $388/month.