Mortgage Rates in Oregon — March 2026
Compare current mortgage rates across 48 cities in Oregon. The average 30-year fixed rate is 6.7%, which is 0.05% above the national average of 6.65%.
Oregon Housing Highlights
All 48 Cities in Oregon
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Portland | 6.6% | $515,000 | $2,631 | 652,503 |
| Eugene | 6.6% | $425,000 | $2,171 | 176,654 |
| Salem | 6.6% | $375,000 | $1,916 | 175,535 |
| Gresham | 6.6% | $435,000 | $2,223 | 114,247 |
| Hillsboro | 6.6% | $535,000 | $2,733 | 106,447 |
| Bend | 6.6% | $625,000 | $3,193 | 102,059 |
| Beaverton | 6.72% | $425,000 | $2,198 | 99,037 |
| Medford | 6.6% | $395,000 | $2,018 | 85,824 |
| Springfield | 6.73% | $466,000 | $2,413 | 63,230 |
| Corvallis | 6.6% | $445,000 | $2,274 | 59,922 |
| Albany | 6.66% | $438,000 | $2,252 | 56,472 |
| Tigard | 6.64% | $481,000 | $2,468 | 55,767 |
| Aloha | 6.65% | $435,000 | $2,234 | 53,145 |
| Keizer | 6.9% | $380,000 | $2,002 | 40,393 |
| Lake Oswego | 6.86% | $468,000 | $2,456 | 40,018 |
| Grants Pass | 6.66% | $365,000 | $1,876 | 39,358 |
| Oregon City | 6.84% | $380,000 | $1,990 | 37,339 |
| McMinnville | 6.79% | $467,000 | $2,433 | 35,590 |
| Redmond | 6.69% | $445,000 | $2,295 | 33,274 |
| Tualatin | 6.89% | $411,000 | $2,163 | 28,024 |
| Woodburn | 6.64% | $450,000 | $2,309 | 27,398 |
| Wilsonville | 6.65% | $396,000 | $2,034 | 26,713 |
| West Linn | 6.89% | $418,000 | $2,200 | 26,672 |
| Bethany | 6.72% | $468,000 | $2,421 | 26,519 |
| Forest Grove | 6.66% | $451,000 | $2,319 | 25,343 |
| Newberg | 6.69% | $427,000 | $2,202 | 25,293 |
| Roseburg | 6.35% | $285,000 | $1,418 | 23,857 |
| Happy Valley | 6.82% | $410,000 | $2,143 | 23,646 |
| Hayesville | 6.62% | $414,000 | $2,120 | 22,760 |
| Klamath Falls | 6.23% | $245,000 | $1,205 | 21,813 |
| Milwaukie | 6.79% | $363,000 | $1,891 | 21,119 |
| Ashland | 6.56% | $485,000 | $2,468 | 21,117 |
| Sherwood | 6.77% | $384,000 | $1,997 | 20,269 |
| Central Point | 6.83% | $355,000 | $1,857 | 19,506 |
| Hermiston | 6.61% | $365,000 | $1,867 | 19,354 |
| Altamont | 6.82% | $382,000 | $1,996 | 19,326 |
| Four Corners | 6.87% | $428,000 | $2,248 | 18,889 |
| Cedar Mill | 6.88% | $424,000 | $2,229 | 18,544 |
| Canby | 6.65% | $394,000 | $2,023 | 18,340 |
| Oak Grove | 6.68% | $427,000 | $2,200 | 17,718 |
| Lebanon | 6.85% | $436,000 | $2,286 | 17,655 |
| Troutdale | 6.76% | $369,000 | $1,917 | 16,982 |
| Dallas | 6.66% | $366,000 | $1,882 | 16,898 |
| Pendleton | 6.82% | $410,000 | $2,143 | 16,612 |
| Coos Bay | 6.82% | $430,000 | $2,247 | 16,076 |
| The Dalles | 6.82% | $379,000 | $1,981 | 15,340 |
| La Grande | 6.7% | $397,000 | $2,049 | 13,368 |
| Cedar Hills | 6.75% | $377,000 | $1,956 | 9,612 |
Oregon Mortgage Rates Guide — 2026
Oregon homebuyers currently see an average 30-year fixed mortgage rate of 6.7%, with median home prices around $417,625. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $2,157.
The most affordable city for homebuyers in Oregon is Klamath Falls, where the median home price is $245,000. On the other end, Bend has the highest prices at $625,000. Property tax rates across the state average 0.97%.
To comfortably afford a home at the state average price, a household income of approximately $92,443 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your exact monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Frequently Asked Questions — Oregon Mortgages
What are current mortgage rates in Oregon?
As of March 2026, the average 30-year fixed mortgage rate in Oregon is 6.7% and the 15-year fixed rate averages 5.94%. Rates vary by city, lender, and borrower qualification.
What is the average home price in Oregon?
The median home price across 48 cities in Oregon is $417,625. Prices range from $245,000 in Klamath Falls to $625,000 in Bend.
How much income do I need to buy a house in Oregon?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $92,443 to comfortably afford the average home in Oregon. The median household income in the state is approximately $60,349.
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