Mortgage Rates in Cedar Hills, Oregon — March 2026
Updated March 2026 | Based on Cedar Hills market data and regional lending conditions
Cedar Hills is a growing city in Oregon with a population of 9,612. The current 30-year fixed mortgage rate in Cedar Hills is 6.75%, which is 0.1% above the national average. With a median home price of $377,000 and a 20% down payment of $75,400, homebuyers can expect a monthly principal and interest payment of approximately $1,956.
Current Mortgage Rates in Cedar Hills, OR
Below are the current average mortgage rates available in the Cedar Hills area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7% | 6.85% | +0.15% |
Cedar Hills Housing Market Overview
The Cedar Hills housing market reflects moderate demand with prices near the national average. The median household income in Cedar Hills is $59,100, and the cost of living index is 101.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $96,771 to comfortably afford the median-priced home in Cedar Hills, which exceeds the current median household income.
Monthly Payment Breakdown for Cedar Hills
Based on the median home price of $377,000 with 20% down ($75,400), here is what you can expect to pay monthly in Cedar Hills:
15-Year vs. 30-Year Mortgage in Cedar Hills
Choosing a 15-year mortgage in Cedar Hills at 5.99% instead of a 30-year at 6.75% would save you $246,420 in total interest over the life of the loan. However, your monthly payment would be $2,543 instead of $1,956 — an increase of $587 per month.
Calculate Your Cedar Hills Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Cedar Hills
What are the current mortgage rates in Cedar Hills, OR?
As of March 2026, the average 30-year fixed mortgage rate in Cedar Hills, Oregon is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Cedar Hills?
Based on the median home price of $377,000 with 20% down, the estimated monthly mortgage payment in Cedar Hills is $1,956 for principal and interest. Including property taxes of $302/month, the total monthly housing cost is approximately $2,258.
What income do I need to buy a home in Cedar Hills?
Using the 28% rule, you would need an annual income of approximately $96,771 to afford the median-priced home in Cedar Hills at $377,000. The median household income in Cedar Hills is $59,100. This means most households would need to either earn above the median or consider homes below $377,000.
Is Cedar Hills a good place to buy a home in 2026?
Cedar Hills has a moderate cost of living with a cost of living index of 101.2 (national average = 100). The property tax rate in Oregon is 0.96%, which is near the national average. Cedar Hills has a population of 9,612 and offers a balanced lifestyle.
Mortgage Rates in Other Oregon Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Cedar Hills, Oregon area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.