CostBy County

Cost of Living in Sherman County, Oregon

$1,032/mo
Median Monthly Rent
$211,800
Median Home Value

At a Glance

Median Monthly Rent
$1,032/mo
13% below state average
Median Home Value
$211,800
36% below national
Census GRAPI
20.2%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Sherman County Compares

Median monthly rent comparison

Sherman County$1,032/mo
Oregon Average$1,191/mo
National Median$1,413/mo

Detailed Housing Stats

$1,032/mo
Median Gross Rent
$211,800
Median Home Value
$706/mo
Monthly Owner Cost
20.2%
Census GRAPI

National Ranking

Affordability Rank

Sherman County ranks #1,633 of 3,142 counties for affordability (bottom 48%)

Most AffordableLeast Affordable

Sourced county brief

Sherman County Official GRAPI Reported at 20.2 Percent

The official GRAPI for Sherman County is 20.2%, indicating the median gross rent as a percentage of household income. This is 9.2 percentage points lower than the Oregon unweighted county mean of 29.4%. Median gross rent is $1,032 per month, which is below the state unweighted county mean of $1,191. For owner-occupied housing, the median selected monthly owner costs are $706, compared to a state unweighted county mean of $1,215. The median home value in Sherman County is $211,800, which is below the state unweighted county mean of $386,692. Renter-household median income is $56,000. These statistics are based on 2020-2024 ACS 5-year estimates and provide a factual overview of the housing cost environment in the county. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Sherman County

Affordability Verdict

ACS B25071 estimates median gross rent at 20.2% of renter household income in Sherman County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,032 per month; median selected monthly owner costs are $706. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $41,280 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Oregon unweighted mean of county median rents is $1,191 per month. Sherman County's $1,032 median is 13.3% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Sherman County

$

Rent Burden

20.6%

of gross income

Max Housing (28% Rule)

$1,404

per month

Owner Cost Burden

14.1%

of gross income

The median home in Sherman County may be a stretch

Median home value is $211,800. Estimated monthly cost: $1,691 vs. your max of $1,404.

Rent Affordability Guide

Your entered rent as a share of entered income20.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,161Needed: $41,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,161Needed: $30,257
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,161Needed: $49,292

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Sherman County, Oregon?
Sherman County, Oregon has a median monthly rent of $1,032/mo and a median home value of $211,800. The affordability rating is Affordable, with median gross rent equal to approximately 20.2% of renter household income.
What is the median rent in Sherman County?
The median gross rent in Sherman County is $1,032/mo. This is 13% below state average for Oregon.
Is Sherman County affordable?
Sherman County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 20.2%. Median gross rent is under 30% of renter household income.
How does Sherman County's rent compare to the state average?
Sherman County's median rent of $1,032/mo is 13% below state average of $1,191/mo for Oregon.
What is the median home value in Sherman County?
The median home value in Sherman County, Oregon is $211,800. This is 36% below the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Sherman County, Oregon? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Sherman County

Whether you're buying in Sherman County, Oregon, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.