10 Most Affordable Places to Live in Oregon in 2025

Oregon's housing market has seen significant growth, with the average home price reaching $506,800. The state's cost of living is 10% above the national average, making affordability a concern for many residents. While cities like Portland and Bend come with steep housing prices, plenty of affordable options remain.

Pendleton, Dallas, and Keizer offer lower housing costs, strong job markets, and a high quality of life. We ranked 10 of the most affordable places in Oregon based on housing costs, living costs, etc

Based on housing costs, cost of living, and economic factors, we’ve identified the 10 most affordable places to live in Oregon for 2025. These cities offer budget-friendly homes, strong job markets, and a great quality of life:

Pendleton offers an affordable lifestyle with a median home price of $248,000 and a median rent of $1,100 per month. The cost of living is 9% lower than the national average. Pendleton is known for its vibrant arts scene and the famous Pendleton Round-Up rodeo.

Pendleton has a high median household income of $70,179. With new job growth in agriculture and manufacturing, it offers exciting opportunities. In addition, it features a unique mix of Western heritage and outdoor fun. Pendleton is a fantastic spot to live and invest.

Located in the heart of the Willamette Valley, Dallas offers a small-town atmosphere with easy access to urban amenities. The median home price in Dallas is approximately $408,500, with rental costs averaging $1,750. The cost of living is 6% lower than the state average.

Besides this, the local economy is strong with a median household income of $67,935. Dallas is known for its access to larger cities like Salem. It offers a balanced lifestyle for those who want affordability and good amenities.

Springfield, right next to Eugene, is famous for its affordable living and lively community. The median home price stands at $400,000, a 7.1% decrease from the previous year. The average rent is around $1,650 per month, and the cost of living is 13% higher than the national average.

However, with a low unemployment rate of 4.3%, Springfield boasts a strong job market. In addition, it offers numerous parks, recreational facilities, and a burgeoning arts scene. All this makes the place great and one of the cheapest places to live in Oregon.

Just north of Salem, Keizer provides a suburban environment with a strong sense of community. The median home price in Keizer is $457,000, and the average monthly rent is $1,431. The city's living costs are 2% lower than the national average. All this makes Keizer an affordable choice in the state.

Besides affordability, the city's high median household income of $81,217. Plus, Keizer offers well-maintained parks and annual festivals.

Woodburn, situated between Portland and Salem, is renowned for its rich cultural heritage and vibrant community. It has a median rent of $1,798 per month and a median home value of $457,995. With a high median household income of $67,469, the city offers ample job opportunities to residents.

Woodburn features the popular Woodburn Premium Outlets. It hosts a range of cultural events all year long. This creates a vibrant and exciting community for residents.

As Oregon's largest coastal city, Coos Bay offers stunning ocean views and a maritime charm. The median home price is $365,000 and the average rent in the area is around $2,300 per month. The cost of living in Coos Bay is about 6% lower than the national average.

With a median household income of $55,292, Coos Bay offers a relaxed lifestyle with a strong focus on tourism and local industries. Besides this, the city has a range of outdoor activities. You can enjoy fishing, hiking, and exploring the nearby Oregon Dunes National Recreation Area.

Located in western Oregon, Lebanon is a small city that offers a blend of affordability and community spirit. The average monthly rent here is $1,597 and the median home price is $370,000. The cost of living is 4% higher than the national average.

However, it is one of the fastest-growing economies, especially in the healthcare sector, and the median household income in the city is $56,740. Plus, the city hosts several annual events, such as the Strawberry Festival. It also has plenty of parks and recreational facilities, which makes it a family-friendly community.

As Oregon's capital city, Salem combines governmental significance with residential affordability. The average home value in Salem is $430,245 and the average rent is $1,450 per month.

With a low unemployment rate of 4.2%, Salem boasts a diverse economy with emerging sectors in technology and healthcare. The city is home to attractions like the Historic Ironworks Plaza and the Hallie Ford Museum of Art. These places enrich the community's cultural fabric.

Situated in southern Oregon, Klamath Falls is known for its scenic beauty and affordability. The median home price is $309,000 and the median monthly rent is $712. The cost of living is 1% lower than the national average.

With a median household income of $47,268, the city's economy is supported by sectors like renewable energy and healthcare. Klamath Falls provides a variety of outdoor activities. You can enjoy Crater Lake National Park and hike on many trails.

Nestled in northeastern Oregon, La Grande is known for its scenic beauty and outdoor activities. The median home price is $322,000 and living costs are 8% lower than the national average. The average rent in the city is $1,175 per month.

La Grande is home to Eastern Oregon University and offers several cultural and recreational activities, including access to the nearby Wallowa Mountains. Plus, the city's economy is supported by the education, healthcare, and agriculture sectors, with a median household income of $56,409.

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Living in an affordable place in Oregon can save you thousands on housing and living costs and provide a great quality of life. Cities like Pendleton, Dallas, and Keizer offer cheap housing, a strong job market, and vibrant communities.

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Klamath Falls offers some of the lowest housing costs, with a median home price of $309,000. The city boasts scenic beauty, outdoor recreation, and a growing economy, making it an attractive option for homebuyers.

Oregon’s cost of living is 10% above the U.S. average. However, affordable cities like Pendleton and La Grande have lower costs for housing, groceries, and transport. They also maintain a high quality of life.

Yes! Cities like Pendleton and Dallas provide affordable housing, stable job markets, and family-friendly amenities. Plus, Oregon offers first-time homebuyer programs that can help with down payments and mortgage assistance.

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Discover how our all-in-one homebuying platform can increase your buying power and put money back in your pocket. Start your journey today!

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