Cheapest Places to Live in Oregon (2026)
Looking for the most affordable cities in Oregon? We ranked 8 Oregon cities by median home value. The cheapest is Klamath Falls (~$287,000); the Oregon median is $468,500.
Most affordable cities in Oregon
Ranked by median home value, lowest first:
| # | City | Median home value | $ / sq ft |
|---|---|---|---|
| 1 | Klamath Falls | $287,000 | $224 |
| 2 | Grants Pass | $403,000 | $269 |
| 3 | Salem | $462,000 | $272 |
| 4 | Beaverton | $494,000 | $292 |
| 5 | Eugene | $531,500 | $315 |
| 6 | Lincoln City | $533,000 | $365 |
| 7 | Portland | $546,000 | $321 |
| 8 | Bend | $710,500 | $416 |
Most expensive cities in Oregon
The priciest Oregon markets by median home value:
| # | City | Median home value | $ / sq ft |
|---|---|---|---|
| 1 | Bend | $710,500 | $416 |
| 2 | Portland | $546,000 | $321 |
| 3 | Lincoln City | $533,000 | $365 |
| 4 | Eugene | $531,500 | $315 |
| 5 | Beaverton | $494,000 | $292 |
| 6 | Salem | $462,000 | $272 |
| 7 | Grants Pass | $403,000 | $269 |
| 8 | Klamath Falls | $287,000 | $224 |
How we rank Oregon cities
Rankings use the typical (median) home value for each city from public market data (Realtor.com & Zillow research). Affordability also depends on incomes, taxes, and cost of living — see each city page for local detail. Directional estimates, not appraisals.
Explore all Oregon home values, estimate any home with the Home Value Estimator, or see where your budget goes furthest nationwide.
Oregon affordability: FAQ
What is the cheapest place to live in Oregon? +
Based on median home value, Klamath Falls is among the most affordable cities in Oregon, with a typical home around $287,000 — well below the Oregon median of $468,500.
What is the most expensive city in Oregon? +
By median home value, Bend is among the priciest in Oregon, with a typical home around $710,500.
Is Oregon an affordable place to live? +
The median home value in Oregon is about $468,500 (59% more expensive than the U.S. median of $294,000), but prices vary widely by city — from around $287,000 to $710,500.