Cost of Living in Lake County, Oregon
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lake County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Lake County, Oregon
Lake County: Oregon's Most Affordable Housing
Lake County residents enjoy a rent-to-income ratio of just 16.9%—well below both Oregon's 19.4% average and the national norm—making it among the country's most affordable housing markets. Median rent of $861 combined with household income of $61,222 creates a genuinely balanced housing picture rarely found in contemporary America.
Statewide Affordability Leader
At 16.9%, Lake County's rent-to-income ratio significantly undercuts Oregon's 19.4% state average, placing it among the state's least cost-burdened counties. This advantage reflects both lower rents and comparable incomes relative to pricier urban and coastal regions.
Clear Winner Among Peers
Lake County's $861 median rent beats all comparable southern Oregon neighbors—Klamath ($973), Josephine ($1,157), and even rural Malheur ($819) when accounting for income. The county's rent-to-income ratio of 16.9% is the lowest in its region, reflecting genuinely accessible housing.
Lowest Housing Costs in the Region
Monthly rent averages just $861 while homeownership runs $742, with the median home valued at $219,400—the most affordable in this comparison. At 16.9% of income dedicated to rent, Lake County residents spend substantially less on housing than peers across Oregon, freeing budget for savings and other priorities.
Affordable Living Without Sacrifice
If cost of living drives your relocation decision, Lake County delivers exceptional affordability while maintaining reasonable income levels and services. Remote workers or retirees considering southern Oregon moves will find Lake County's housing costs and overall financial flexibility hard to beat within the state.
Affordability Calculator
See how your income compares to housing costs in Lake County
Rent Burden
16.9%
of gross income
Max Housing (28% Rule)
$1,429
per month
Owner Cost Burden
14.5%
of gross income
The median home in Lake County may be a stretch
Median home value is $219,400. Estimated monthly cost: $1,752 vs. your max of $1,429.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Lake County, Oregon?
What is the median rent in Lake County?
Is Lake County affordable?
How does Lake County's rent compare to the state average?
What is the median home value in Lake County?
Planning a Move?
Researching the cost of living in Lake County, Oregon? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Lake County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.