Total monthly cost of ownership
Cost to Own a Home in Oregon City, Oregon
A $531,000 home here costs
$3,868per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,730. The real number is $1,138 higher every month — 42% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Oregon City against Clackamas County and Oregon
| Measure | Oregon City | Clackamas County |
|---|---|---|
| Median home value | $531,400 | $577,900 |
| Median property tax | $4,857 | $5,051 |
| Effective tax rate | 0.914% | 0.874% |
| Median gross rent | $1,606 | $1,693 |
| Population | 37,482 | 422,308 |
The weather behind that power bill
Oregon City sits in Clackamas County, which averages a high of 79.0°F in its hottest month and a low of 32.5°F in its coldest, with 68.95" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 201 cooling and 5,625 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Clackamas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clackamas County
Full Clackamas County cost breakdown · Every county in Oregon
Common questions
How much does it cost to own a home in Oregon City?
A $531,000 home in Oregon City, Oregon costs approximately $3,868 per month with 20% down at 6.66%. That is $2,730 principal and interest, $404 property tax, $77 homeowners insurance, $214 utilities and $443 set aside for maintenance.
What is the property tax rate in Oregon City?
Oregon City has an effective property tax rate of 0.914%, based on a median home value of $531,400 and median real estate taxes of $4,857. That is higher than the Clackamas County average of 0.874%.
What is the average home price in Oregon City?
The median owner-occupied home value in Oregon City, Oregon is $531,400, against $577,900 across Clackamas County.
Is it cheaper to rent or buy in Oregon City?
Median gross rent in Oregon City is $1,606 a month, against $3,868 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 Oregon City — 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.