Cost to Own
United StatesOregonHood River CountyCascade Locks Population 1,529 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Cascade Locks, Oregon

A $331,000 home here costs

$2,444

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,702. The real number is $743 higher every month — 44% more than the payment most buyers budget for.

Cascade Locks median: $330,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $264,800 borrowed $1,702
Property tax0.743% effective rate for Cascade Locks itself $205
Homeowners insuranceOregon averages $793/yr (NAIC), or 0.173% of home value $48
Electricity16.27¢/kWh — Oregon residential average, EIA $146
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $276
Total monthly $2,444

Cascade Locks against Hood River County and Oregon

MeasureCascade LocksHood River County
Median home value$330,800$571,200
Median property tax$2,459$3,359
Effective tax rate0.743%0.588%
Median gross rent$1,178$1,381
Population1,52923,958

The weather behind that power bill

Cascade Locks sits in Hood River County, which averages a high of 79.6°F in its hottest month and a low of 27.3°F in its coldest, with 36" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 132 cooling and 6,379 heating degree days, which is what sets the $146 electricity line above.

See the full climate breakdown for Hood River County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Hood River County

Full Hood River County cost breakdown · Every county in Oregon

Common questions

How much does it cost to own a home in Cascade Locks?

A $331,000 home in Cascade Locks, Oregon costs approximately $2,444 per month with 20% down at 6.66%. That is $1,702 principal and interest, $205 property tax, $48 homeowners insurance, $214 utilities and $276 set aside for maintenance.

What is the property tax rate in Cascade Locks?

Cascade Locks has an effective property tax rate of 0.743%, based on a median home value of $330,800 and median real estate taxes of $2,459. That is higher than the Hood River County average of 0.588%.

What is the average home price in Cascade Locks?

The median owner-occupied home value in Cascade Locks, Oregon is $330,800, against $571,200 across Hood River County.

Is it cheaper to rent or buy in Cascade Locks?

Median gross rent in Cascade Locks is $1,178 a month, against $2,444 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Cascade Locks — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Oregon.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology