Total monthly cost of ownership
Cost to Own a Home in Odell, Oregon
A $392,000 home here costs
$2,936per 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 $126,000 a year.
A standard mortgage calculator would have told you $2,137. The real number is $798 higher every month, 37% 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 Odell from a five-year rolling sample, and with about 2,666 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.
Odell against Hood River County and Oregon
| Measure | Odell | Hood River County |
|---|---|---|
| Median home value | $391,500 | $571,200 |
| Median property tax | $2,480 | $3,359 |
| Effective tax rate | 0.633% | 0.588% |
| Median gross rent | — | $1,381 |
| Population | 2,666 | 23,958 |
The weather behind that power bill
Odell 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 Odell 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 Odell every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Odell?
A $392,000 home in Odell, Oregon costs approximately $2,936 per month with 20% down at 7.24%. That is $2,137 principal and interest, $207 property tax, $57 homeowners insurance, $208 utilities and $327 set aside for maintenance.
What is the property tax rate in Odell?
Odell has an effective property tax rate of 0.633%, based on a median home value of $391,500 and median real estate taxes of $2,480. That is higher than the Hood River County average of 0.588%.
What is the average home price in Odell?
The median owner-occupied home value in Odell, Oregon is $391,500, against $571,200 across Hood River County.
Is it cheaper to rent or buy in Odell?
Rent data is not published for Odell at this level of detail.
What salary do you need to buy a home in Odell?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Odell, Oregon at today's rate takes a household income of roughly $126,000 a year. That covers the full $2,936 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Odell, 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.