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Housing in Oregon

A typical Oregon home is worth roughly $235,000

Typical home value
$235K
IN $260K
Estimate
2-bedroom rent
$1,140
a month, utilities in · HUD
Median tax bill
$1,423
IN $1,614

What kind of housing town is Oregon?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $1,140

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$950
2 bedrooms$1,140
3 bedrooms$1,480
4 bedrooms$1,710
3%
of households rent · IN 29%
23
renter households
0%
of renters spend 30%+ of income on rent · IN 48%
15%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Louisville, KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

97% of Oregon households own their home

Half of Oregon’s homes were built before 1994.

Owners and renters
Own 97%Rent 3%

Indiana: 71% own.

1994
typical home built · IN 1976
$1,423
median property tax bill · IN $1,614
0.61%
of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.6 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about
$369,000
Typical Oregon home $235K

That covers a typical Oregon home, with $135K to spare.

The typical home, each month
$1,350
Loan $1,160Tax $120Insurance $70

A two-bedroom rents for about $1,140 a month here, $210 less than owning.

How Oregon ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Oregon’s typical property tax (0.61% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Next door

Oregon vs. its neighbors

Oregon is the 2nd least expensive of 7 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Oregon$235K*—$1,140$90,918
Charlestown$307K+2.4%$1,130$92,021
Monroe$264K*+6.6%†$1,100$90,733
Washington$188K*—$1,160$88,250
Lexington$256K+6.3%$1,310$76,130
Owen$317K*+4.2%†$1,130$57,439
Otisco$312K+4.6%—$36,563

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Oregon buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Oregon still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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