Cost of Living in Oregon

27 cities • 2,231,935 total population • 2026 Data

$90,407
Avg. Median Income
+17% vs national
$1,593
Avg. Median Rent
+18% vs national
$503,993
Avg. Home Value
+49% vs national
5.1%
Avg. Unemployment

Overview

Oregon has 27 cities with populations over 25,000, totaling 2,231,935 residents. The average median household income across these cities is $90,407, which is 17% above the national median.

Rent averages $1,593 per month, and the average home value is $503,993. The largest city is Portland, while Grants Pass offers the lowest rent and Bethany has the highest.

Most Affordable Cities in Oregon

# City Median Rent Median Income Home Value
1 Grants Pass $1,160 $56,877 $364,200
2 Springfield $1,201 $67,211 $323,800
3 McMinnville $1,290 $70,060 $391,100
4 Albany $1,311 $73,809 $352,900
5 Medford $1,321 $70,497 $387,000

Most Expensive Cities in Oregon

# City Median Rent Median Income Home Value
1 Bethany $2,227 $164,315 $699,200
2 Lake Oswego $2,031 $140,441 $894,000
3 Happy Valley $2,025 $120,324 $671,800
4 West Linn $2,006 $138,526 $733,300
5 Hillsboro $1,896 $103,207 $483,400

Highest Income Cities in Oregon

# City Median Income Median Rent Population
1 Bethany $164,315 $2,227 31,700
2 Lake Oswego $140,441 $2,031 40,367
3 West Linn $138,526 $2,006 27,065
4 Happy Valley $120,324 $2,025 25,572
5 Tualatin $105,073 $1,729 27,710

All Cities in Oregon

City Population Income Rent Home Value
Portland 642,715 $88,792 $1,596 $557,600
Eugene 177,520 $63,836 $1,347 $435,400
Salem 176,666 $71,900 $1,323 $382,400
Gresham 112,818 $73,608 $1,508 $440,000
Hillsboro 107,050 $103,207 $1,896 $483,400
Bend 101,472 $88,792 $1,767 $646,800
Beaverton 97,502 $94,279 $1,727 $543,100
Medford 85,794 $70,497 $1,321 $387,000
Springfield 61,642 $67,211 $1,201 $323,800
Corvallis 60,424 $63,807 $1,342 $480,600
Albany 56,773 $73,809 $1,311 $352,900
Tigard 55,395 $105,008 $1,732 $585,700
Aloha 53,362 $96,754 $1,839 $465,500
Lake Oswego 40,367 $140,441 $2,031 $894,000
Grants Pass 39,183 $56,877 $1,160 $364,200
Keizer 39,013 $81,217 $1,375 $396,700
Oregon City 37,482 $94,648 $1,606 $531,400
Redmond 35,161 $79,789 $1,479 $435,000
McMinnville 34,493 $70,060 $1,290 $391,100
Bethany 31,700 $164,315 $2,227 $699,200
Tualatin 27,710 $105,073 $1,729 $595,800
West Linn 27,065 $138,526 $2,006 $733,300
Woodburn 26,845 $67,469 $1,373 $308,400
Forest Grove 26,406 $81,998 $1,393 $464,300
Wilsonville 26,183 $87,371 $1,839 $584,700
Newberg 25,622 $91,389 $1,562 $453,700
Happy Valley 25,572 $120,324 $2,025 $671,800

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. State averages calculated from cities with population over 25,000.

Verify at data.census.gov