2026 data · 0.87% property tax · Median home $410,800
Oregon Mortgage Calculator
A median-priced home in Oregon ($410,800) costs roughly $2,608 per month all-in (PITI), assuming 20% down and a 30-year fixed at 7.0%. Oregon's effective property tax rate is 0.87% — close to the US average of about 1.0%.
Oregon median-home monthly payment
$2,608/mo
P&I $2,186 · Tax $298 · Insurance $123
@ $410,800 price, 20% down, 30-yr fixed at 7.0%
For a custom calculation with your specific numbers (different down payment, rate, term, or home price), use the main mortgage calculator — it includes a full amortization schedule.
Monthly payments at common home prices in Oregon
| Home price | 20% down | P&I | Prop tax | Insurance | Total PITI/mo |
|---|---|---|---|---|---|
| $200,000 | $40,000 | $1,064 | $145 | $60 | $1,269 |
| $300,000 | $60,000 | $1,597 | $218 | $90 | $1,904 |
| $400,000 | $80,000 | $2,129 | $290 | $120 | $2,539 |
| $410,800 (state median) | $82,160 | $2,186 | $298 | $123 | $2,608 |
| $500,000 | $100,000 | $2,661 | $363 | $150 | $3,174 |
| $750,000 | $150,000 | $3,992 | $544 | $225 | $4,761 |
Calculations use Oregon's 0.87% effective property tax rate, estimated homeowners insurance at 0.36%/year of home value, 30-year fixed at 7.0%, no PMI (20% down). Closing costs not included.
Oregon property tax
Effective rate
0.87%
Median home value
$410,800
Median property tax
$3,528/yr
Oregon's Measure 5 caps property tax at 1.5% of real market value. Property tax is based on assessed value (often lower than market value due to Measure 50 limits). No state sales tax.
See our property tax calculator for a state-by-state property tax breakdown, and our Oregon paycheck calculator to estimate take-home pay against this monthly housing cost.
Oregon vs neighboring states
| State | Property tax rate | Median home | Median tax/yr | |
|---|---|---|---|---|
| Oregon (this page) | 0.87% | $410,800 | $3,528 | |
| Washington | 0.84% | $520,300 | $4,358 | Washington mortgage → |
| Idaho | 0.58% | $340,900 | $1,980 | Idaho mortgage → |
| Nevada | 0.53% | $394,000 | $2,062 | Nevada mortgage → |
| California | 0.71% | $659,300 | $4,665 | California mortgage → |
FAQs about Oregon mortgages
What is the property tax rate in Oregon?
Oregon's effective property tax rate is 0.87%, meaning the average homeowner pays roughly 0.87% of their home's value in property tax annually. On a $410,800 home (the state median), that's about $3,528 per year, or $294 per month added to your mortgage payment.
What is the average monthly mortgage payment in Oregon?
For a home at Oregon's median value of $410,800, assuming 20% down, a 30-year fixed mortgage at 7.0%, and Oregon's 0.87% property tax + estimated insurance, the typical monthly PITI payment is approximately $2,608. This includes $2,186 principal & interest, $298 property tax, and $123 homeowners insurance.
How much income do I need to buy a house in Oregon?
Using the standard 28% front-end DTI rule, you'd need annual income of approximately $111,771 to comfortably afford Oregon's median-priced home. Lenders typically allow up to 43% total DTI (including all debts), which corresponds to about $72,781 annual income at the maximum end. Your specific qualification depends on credit score, down payment, debts, and lender requirements.
Is Oregon a good state to buy a house?
Oregon's combination of 0.87% property tax (near the national average of ~1.0%) and median home value of $410,800 place it in the mid-range of state housing markets nationally. Oregon's Measure 5 caps property tax at 1.5% of real market value.
How does Oregon property tax compare to neighboring states?
Oregon's 0.87% rate compares to: Washington at 0.84%, Idaho at 0.58%, Nevada at 0.53%, California at 0.71%. Property taxes can differ substantially between bordering states — moving 30 miles across a state line can change your annual tax bill by thousands.
Does Oregon have a homestead exemption?
Oregon offers various property tax relief programs. Oregon's Measure 5 caps property tax at 1.5% of real market value. Property tax is based on assessed value (often lower than market value due to Measure 50 limits). No state sales tax. Check with your county assessor for primary-residence exemptions and senior/disabled programs that may reduce your annual property tax bill.
What's included in PITI?
PITI stands for Principal, Interest, Taxes, and Insurance — the four standard components of a mortgage payment. For your Oregon mortgage, the breakdown on a median-priced home would be: Principal & Interest $2,186, Property Tax $298, Homeowners Insurance $123. Add PMI if your down payment is under 20%, and HOA fees if your home is in a community with one.