Ranked from ACS 2023 5-Year
Counties Where Renting Costs Far Less Than Owning in Oregon
The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.
Oregon ranked
| # | County | Monthly saved by renting | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Hood River County | $2,715 | $1,381 | $4,096 |
| 2 | Deschutes County | $2,605 | $1,674 | $4,279 |
| 3 | Clackamas County | $2,587 | $1,693 | $4,280 |
| 4 | Multnomah County | $2,384 | $1,582 | $3,966 |
| 5 | Washington County | $2,368 | $1,773 | $4,141 |
| 6 | Benton County | $2,285 | $1,359 | $3,644 |
| 7 | Clatsop County | $2,101 | $1,130 | $3,231 |
| 8 | Yamhill County | $1,904 | $1,377 | $3,281 |
| 9 | Crook County | $1,884 | $1,224 | $3,108 |
| 10 | Polk County | $1,883 | $1,270 | $3,153 |
| 11 | Wallowa County | $1,881 | $858 | $2,739 |
| 12 | Tillamook County | $1,825 | $1,169 | $2,994 |
| 13 | Lincoln County | $1,778 | $1,150 | $2,928 |
| 14 | Lane County | $1,706 | $1,287 | $2,993 |
| 15 | Columbia County | $1,701 | $1,221 | $2,922 |
| 16 | Jackson County | $1,679 | $1,310 | $2,989 |
| 17 | Josephine County | $1,640 | $1,157 | $2,797 |
| 18 | Jefferson County | $1,603 | $957 | $2,560 |
| 19 | Marion County | $1,579 | $1,333 | $2,912 |
| 20 | Wasco County | $1,563 | $978 | $2,541 |
| 21 | Curry County | $1,531 | $1,156 | $2,687 |
| 22 | Linn County | $1,373 | $1,273 | $2,646 |
| 23 | Coos County | $1,316 | $992 | $2,308 |
| 24 | Wheeler County | $1,220 | $782 | $2,002 |
| 25 | Douglas County | $1,158 | $995 | $2,153 |
| 26 | Baker County | $1,141 | $814 | $1,955 |
| 27 | Umatilla County | $1,075 | $962 | $2,037 |
| 28 | Union County | $1,065 | $982 | $2,047 |
| 29 | Klamath County | $995 | $973 | $1,968 |
| 30 | Malheur County | $938 | $819 | $1,757 |
| 31 | Grant County | $933 | $840 | $1,773 |
| 32 | Morrow County | $907 | $910 | $1,817 |
| 33 | Harney County | $891 | $675 | $1,566 |
| 34 | Lake County | $851 | $861 | $1,712 |
| 35 | Sherman County | $689 | $945 | $1,634 |
| 36 | Gilliam County | $258 | $1,084 | $1,342 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Oregon