Oregon is a nature lover’s paradise. From striking coastlines and mountains to forests and lush river valleys, this Pacific Northwestern state is a true natural beauty. It has a generally laidback, environmentally-friendly atmosphere and is a lovely state to call home. It’s got plenty of retirement-friendly cities, not to mention some of the best places to live.
NewHomeSource has compiled a list of the top 10 most affordable cities in Oregon to help you find a newly built home at a great price.
Home Price to Income Ratio: 3.19%
Average Property Tax: $1,225
Median Household Income: $36,922
Ontario, the most affordable city in Oregon, lies along the Snake River that borders Idaho. This small town is home to mountain ranges, river canyons, and a desert which makes it the perfect spot for outdoor enthusiasts. Owyhee Canyonlands, Jordan Crater, and Farewell Bend State are three favorite places amongst locals.
Home Price to Income Ratio: 3.04%
Average Property Tax: $1,939
Median Household Income: $54,123
Hermiston is in Eastern Oregon and is the largest city in the area. It has a population of approximately 20,000 and offers plenty of exciting recreational activities. Folks can spend their days adventuring through Rock State Park, learning about the history of railways at the Maxwell Siding Railroad Museum, or enjoying a game night with family and friends at Desert Lanes Family Fun Center.
Home Price to Income Ratio: 3.35%
Average Property Tax: $2,031
Median Household Income: $51,315
Pendleton is often described as an old west-style town that prides itself on heritage. Here you will find many unique spots such as the Pendleton Underground, a secret network of tunnels carved out 100 years ago. Another main attraction is the rodeo at the world-famous Pendleton Round-Up. In addition, you can connect with nature at Pendleton River Parkway, North Fork Umatilla Wilderness, and Emigrant Springs State Park.
4. La Grande
Home Price to Income Ratio: 4.02%
Average Property Tax: $1,569
Median Household Income: $42,375
La Grande is a picturesque town that is known as a place for relaxation and outdoor adventures. It sits at the foothills of the Blue Mountains, meaning there are endless outdoor activities just minutes away from the city. La Grande also offers a combination of country-casual and urban culture which is on display throughout the city. Additionally, this happening Oregon town has concerts, art exhibits, parks, restaurants, and more.
5. Klamath Falls
Home Price to Income Ratio: 3.85%
Average Property Tax: $1,292
Median Household Income: $41,444
Klamath Falls is surrounded by the breathtaking Cascade Mountains. It receives 300 days of sunshine annually, which makes it ideal for hiking, mountain biking, camping, and fishing possible year-round. Klamath Falls is also home to some of the best water sports in Southern Oregon, as it is located on the largest lake in the state. Locals can go canoeing, paddle-boarding, whitewater rafting, and more at Klamath River.
Home Price to Income Ratio: 5.25%
Average Property Tax: $1,659
Median Household Income: $35,871
Prineville is the oldest city in Central Oregon and proudly holds onto those old-school values. It is home to some of the most awe-inspiring scenery in the state, which is visible at the Painted Hills, Ochoco Reservoir, Smith Rock State Park, and Brown Butte to the Cross. When you are ready to sit for a spell, visit The Horseshoe Tavern, Club Pioneer, or Sons of Beers.
Home Price to Income Ratio: 3.9%
Average Property Tax: $2,170
Median Household Income: $45,642
Lebanon is known for its small-town charm and easy access to the wooded Willamette National Forest. One claim to fame is its 100-year-old annual Strawberry Festival which is held every July. After the festival, you can treat yourself to a free piece of the world’s largest strawberry shortcake—a whopping 1200 pounds. You can also sample their local wineries, breweries, and tasty restaurants.
Home Price to Income Ratio: 4.1%
Average Property Tax: $2,361
Median Household Income: $50,093
Woodburn is in the western part of the state, situated between Portland and the capital city of Salem. In Woodburn, you can shop at their tax-free outlet shopping mall, gaze upon vibrant tulip and daffodil fields, take a hot air balloon ride, or practice your swing at a golf course. Those who want the modern conveniences of living near a big city would love Woodburn.
9. Coos Bay
Home Price to Income Ratio: 4.03%
Average Property Tax: $1,649
Median Household Income: $48,919
The charming coastal town of Coos Bay is a sanctuary for those who love beaches, oceanside sand dunes, and endless outdoor adventures. Oregon Dunes National Recreation Area, Golden and Silver Falls, Shore Acres State Park, and Cape Arago State Park are some favorite spots.
10. Cottage Grove
Home Price to Income Ratio: 4.03%
Average Property Tax: $2,003
Median Household Income: $47,752
Cottage Grove is a small town with a charming Main Street. It’s called the covered bridge capital of Oregon as it has the largest collection of them on the West Coast. Additionally, the bike-friendly city offers delicious restaurants, plenty of trails, and local vineyards.
Cities with the Best Home Price to Income Ratio
While the list above is sorted by the lowest overall cost of living index, the following cities have the lowest home price to income ratio, meaning you can get more home for your money.
Other Oregon Resources
Mia Zozobrado joined Builders Digital Experience (BDX) in 2019 as a content writer. A graduate of Southwestern University with a degree in English, Mia is passionate about the written word and making connections. Outside of work, Mia also serves on the Board of Directors for the Writers’ League of Texas.