Total monthly cost of ownership
Cost to Own a Home in Cascade Locks, Oregon
A $331,000 home here costs
$2,542per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $109,000 a year.
A standard mortgage calculator would have told you $1,805. The real number is $737 higher every month, 41% more than the payment most buyers budget for.
Compare Hood River County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cascade Locks from a five-year rolling sample, and with about 1,529 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Hood River County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cascade Locks against Hood River County and Oregon
| Measure | Cascade Locks | Hood River County |
|---|---|---|
| Median home value | $330,800 | $571,200 |
| Median property tax | $2,459 | $3,359 |
| Effective tax rate | 0.743% | 0.588% |
| Median gross rent | $1,178 | $1,381 |
| Population | 1,529 | 23,958 |
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 $140 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
Talk to someone who works this market
These are Cascade Locks averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Cascade Locks every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cascade Locks I already own here and may sell
Common questions
How much does it cost to own a home in Cascade Locks?
A $331,000 home in Cascade Locks, Oregon costs approximately $2,542 per month with 20% down at 7.24%. That is $1,805 principal and interest, $205 property tax, $48 homeowners insurance, $208 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 $2,542 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Cascade Locks?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cascade Locks, Oregon at today's rate takes a household income of roughly $109,000 a year. That covers the full $2,542 monthly cost, not just the mortgage payment.
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.