Cost of Living in Lake Oswego, OR
Population: 40,367 • 2026 Data
$140,441
Median Household Income
+81% vs national
$2,031
Median Monthly Rent
+51% vs national
$894,000
Median Home Value
+164% vs national
4.3%
Unemployment Rate
Housing in Lake Oswego
The median home value in Lake Oswego, OR is $894,000. Monthly rent for a typical unit averages $2,031, while total monthly housing costs (including utilities and insurance) average $2,318.
Rent-to-income ratio: 17.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lake Oswego, OR is $140,441. The unemployment rate stands at 4.3%, with a labor force of 19,989 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.