Total monthly cost of ownership
Cost to Own a Home in Rockaway Beach, Oregon
A $341,000 home here costs
$2,571per 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 $110,000 a year.
A standard mortgage calculator would have told you $1,859. The real number is $711 higher every month, 38% more than the payment most buyers budget for.
Compare Tillamook County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rockaway Beach from a five-year rolling sample, and with about 1,577 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 Tillamook 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.
Rockaway Beach against Tillamook County and Oregon
| Measure | Rockaway Beach | Tillamook County |
|---|---|---|
| Median home value | $341,100 | $408,600 |
| Median property tax | $2,036 | $2,449 |
| Effective tax rate | 0.597% | 0.599% |
| Median gross rent | $1,308 | $1,169 |
| Population | 1,577 | 27,471 |
The weather behind that power bill
Rockaway Beach sits in Tillamook County, which averages a high of 68.9°F in its hottest month and a low of 37.1°F in its coldest, with 84.39" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 11 cooling and 5,354 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Tillamook County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tillamook County
Full Tillamook County cost breakdown · Every county in Oregon
Talk to someone who works this market
These are Rockaway Beach 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 Rockaway Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Rockaway Beach I already own here and may sell
Common questions
How much does it cost to own a home in Rockaway Beach?
A $341,000 home in Rockaway Beach, Oregon costs approximately $2,571 per month with 20% down at 7.24%. That is $1,859 principal and interest, $170 property tax, $49 homeowners insurance, $208 utilities and $284 set aside for maintenance.
What is the property tax rate in Rockaway Beach?
Rockaway Beach has an effective property tax rate of 0.597%, based on a median home value of $341,100 and median real estate taxes of $2,036. That is in line with the Tillamook County average of 0.599%.
What is the average home price in Rockaway Beach?
The median owner-occupied home value in Rockaway Beach, Oregon is $341,100, against $408,600 across Tillamook County.
Is it cheaper to rent or buy in Rockaway Beach?
Median gross rent in Rockaway Beach is $1,308 a month, against $2,571 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 Rockaway Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rockaway Beach, Oregon at today's rate takes a household income of roughly $110,000 a year. That covers the full $2,571 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rockaway Beach, 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.