State rental market reference · Data updated October 18, 2026
Oregon rental market for DSCR investors: rent, taxes and insurance by county
What a rental in Oregon rents for, what it costs to carry, and whether it stays rented, from official data for all 36 counties. Read it before you price a deal here.
Oregon at a glance
What does a rental rent for?
$1,878 a month
HUD's FY2027 2-bedroom Fair Market Rent where most of Oregon's renters live, from $1,014 (Malheur County) to $1,893 (Deschutes County). It is the government figure for a modest 2-bedroom unit, utilities included, not the rent for a house.
What will property taxes cost?
0.81% of value a year
Homeowners in Oregon pay a median $3,876 a year on a median home value of $477,600 (Census ACS 2020–2024). A rental can be taxed at a different rate than an owner's home; the local tax bill is the real number.
What will insurance cost?
$970 a year
The median that homeowners with a mortgage in Oregon report paying for homeowners insurance (Census ACS 2020–2024). It is not a landlord quote: a rental policy usually costs more, and flood cover is extra.
Will it stay rented?
4.2% rental vacancy
Share of Oregon's rental homes vacant and for rent (Census ACS 2020–2024), across 630,439 renter households. Lower means rentals fill faster.
Are jobs growing?
Employment up 0.5% in a year
Employed residents in August 2026 against a year earlier; unemployment 5.1% (BLS, not seasonally adjusted, so compare the same month a year apart).
Is new supply coming?
14,839 homes permitted in 2025
About 8.6 new homes per 1,000 households; 62% single-family (Census Building Permits Survey). More new homes means more competition for tenants and buyers.
How often does it flood?
2,307 flood claims since 2005
National Flood Insurance Program claims on properties in Oregon since 2005, $57.4 million paid (FEMA). Claims show where water has reached insured buildings; they are not a flood map, so check the FEMA flood zone for the address.
What it means for a DSCR rental in Oregon
A lender's DSCR is the monthly rent divided by the full monthly payment: principal, interest, property taxes, insurance and any HOA dues. Many lenders accept 1.00x; 1.20x leaves a cushion.
Take a home at Oregon's median value of $477,600, bought with 25% down on a 7.5% 30-year loan, with the state's typical tax rate and insurance:
- Principal and interest ($358,200 loan)
- $2,505
- Property taxes
- $322
- Insurance
- $81
- Full monthly payment
- $2,908
- Rent for a 1.20x DSCR
- $3,490 a month
The government 2-bedroom figure where most of Oregon's renters live is $1,878 a month, below the $3,490 that home needs. A house usually rents for more than a 2-bedroom unit, so price the house you are looking at with its own rent. The last column of the table below gives the same figure for each county.
Rules and costs a landlord faces in Oregon
Each line quotes the official source it comes from and the date it was last checked. These are general rules, not legal advice; local rules can add to them.
- Is a rental taxed like the owner's home?
A rental is assessed like any other home.
At present Oregon has no statewide general homestead exemption or exemptions based solely on age and/or income.
Oregon Department of Revenue, checked October 18, 2026
- Where do you insure when private insurers decline?
Oregon FAIR Plan Association.
The Oregon Legislature created the Oregon FAIR Plan Association in 1971 as a nonprofit licensed insurance company supported by its member companies. ... The FAIR Plan, as the insurer of last resort, serves people and businesses who cannot get insurance in the standard market.
Oregon Division of Financial Regulation, Department of Consumer and Business Services, checked October 18, 2026
Market hubs in Oregon
DSCRInfo does not publish a monthly market hub in Oregon yet. The figures above and the table below cover every county; the market hubs cover other states.
Oregon by county
All 36 counties, most renter households first. "Rent for 1.20x" is the monthly rent a home at that county's median value needs on the example loan above. A dash means the source publishes no reliable figure there.
| County | 2-bed FMR | Property tax | Insurance / yr | Rental vacancy | Jobs, 1 yr | Permits | Flood claims | Rent for 1.20x |
|---|---|---|---|---|---|---|---|---|
| Multnomah County | $1,878 | 0.96% | $1,010 | 5.2% | +0.2% | 1,594 | 96 | $4,110 |
| Washington County | $1,878 | 0.84% | $940 | 4.1% | +0.3% | 1,886 | 142 | $4,290 |
| Lane County | $1,546 | 0.82% | $900 | 3.2% | +1.1% | 1,545 | 130 | $3,150 |
| Clackamas County | $1,878 | 0.85% | $1,120 | 4.9% | +0.2% | 1,235 | 225 | $4,480 |
| Marion County | $1,692 | 0.84% | $870 | 4.4% | +1.1% | 1,323 | 185 | $3,060 |
| Jackson County | $1,539 | 0.74% | $920 | 4.1% | +1.3% | 944 | 84 | $3,120 |
| Deschutes County | $1,893 | 0.58% | $1,030 | 2.8% | +0.6% | 2,574 | 11 | $4,580 |
| Linn County | $1,726 | 0.87% | $850 | 2.3% | +0.8% | 189 | 49 | $2,780 |
| Benton County | $1,857 | 0.95% | $970 | 4.3% | +0.9% | 484 | 33 | $3,810 |
| Douglas County | $1,212 | 0.61% | $920 | 1.6% | +0.2% | 182 | 96 | $2,230 |
| Yamhill County | $1,878 | 0.73% | $980 | 3.5% | +0.5% | 214 | 69 | $3,410 |
| Polk County | $1,692 | 0.80% | $990 | 4.5% | +1.1% | 103 | 49 | $3,320 |
| Josephine County | $1,331 | 0.52% | $960 | 3.2% | +0.4% | 293 | 27 | $2,850 |
| Umatilla County | $1,131 | 0.90% | $930 | 4.8% | -1.9% | 200 | 57 | $2,130 |
| Klamath County | $1,134 | 0.62% | $980 | 1.9% | +0.0% | 103 | 3 | $2,040 |
| Coos County | $1,173 | 0.68% | $980 | 2.1% | -0.7% | 67 | 74 | $2,450 |
| Clatsop County | $1,318 | 0.69% | $1,100 | 2.8% | -0.3% | 237 | 92 | $3,380 |
| Lincoln County | $1,400 | 0.81% | $970 | 9.5% | -0.2% | 209 | 151 | $3,010 |
| Columbia County | $1,878 | 0.74% | $990 | 1.6% | +0.3% | 84 | 286 | $3,060 |
| Malheur County | $1,014 | 0.75% | $1,030 | 1.5% | +1.2% | 88 | 11 | $1,860 |
| Union County | $1,114 | 0.83% | $940 | 1.7% | +1.7% | 50 | 10 | $2,190 |
| Wasco County | $1,604 | 0.77% | $1,010 | 2.5% | +1.4% | 39 | 3 | $2,700 |
| Tillamook County | $1,301 | 0.60% | $1,090 | 6.6% | +2.4% | 77 | 328 | $3,070 |
| Curry County | $1,379 | 0.48% | $1,100 | 2.9% | +1.0% | 42 | 45 | $2,690 |
| Crook County | $1,390 | 0.64% | $1,200 | 3.2% | +0.8% | 414 | 6 | $3,360 |
Show the other 11 counties
| County | 2-bed FMR | Property tax | Insurance / yr | Rental vacancy | Jobs, 1 yr | Permits | Flood claims | Rent for 1.20x |
|---|---|---|---|---|---|---|---|---|
| Hood River County | $1,888 | 0.53% | $1,020 | 4.7% | +0.2% | 180 | 0 | $4,610 |
| Jefferson County | $1,213 | 0.69% | $1,070 | 2.6% | +0.6% | 134 | 0 | $2,720 |
| Baker County | $1,014 | 0.78% | $1,020 | 0.0% | +1.5% | 44 | 3 | $2,120 |
| Morrow County | $1,014 | 0.81% | $980 | 11.6% | +2.1% | 64 | 4 | $1,810 |
| Lake County | $1,062 | 0.71% | $920 | 1.8% | +1.2% | 12 | 6 | $1,630 |
| Harney County | $1,014 | 0.80% | $1,100 | 3.1% | -3.6% | 34 | 15 | $1,830 |
| Wallowa County | $1,116 | 0.57% | $1,130 | 2.3% | -5.4% | 18 | 12 | $2,820 |
| Grant County | $1,068 | 0.73% | $990 | 7.1% | -2.2% | 6 | 4 | $1,710 |
| Sherman County | $1,214 | 0.75% | $1,200 | 4.2% | -1.4% | – | 0 | $1,610 |
| Gilliam County | $1,014 | 1.01% | $1,060 | 12.7% | +4.8% | 2 | 0 | $1,490 |
| Wheeler County | $1,014 | 0.69% | $920 | 5.3% | -0.9% | – | 1 | $1,990 |
Where these numbers come from
- 2-bedroom Fair Market Rent
- HUD's FY2027 Fair Market Rents, in effect from October 1, 2026: the rent and utilities of a modest 2-bedroom unit, set for housing vouchers. It is not a house rent. Where HUD publishes by town (New England), the county shows the range. HUD Fair Market Rents
- Property tax, insurance, vacancy and home value
- Census American Community Survey 5-year estimates, 2020–2024. Property tax is the median tax paid divided by the median home value of owner-occupied homes. Insurance is the median that owners with a mortgage report paying, not a landlord quote. Rental vacancy is homes vacant for rent divided by all rental homes. Figures from too few homes are left blank. American Community Survey
- Jobs
- BLS Local Area Unemployment Statistics: employed residents in August 2026 against the same month a year earlier, not seasonally adjusted. BLS LAUS
- Permits
- Census Building Permits Survey: new housing units authorized in 2025, all building sizes. Building Permits Survey
- Flood claims
- FEMA National Flood Insurance Program claims with a loss in 2005 or later, and the net amount paid. Only insured buildings appear. Check a flood zone
These are screening figures for comparing places, not a quote, an appraisal or a loan offer. Oregon total flood payments since 2005: $57.4 million.