Cost of Living in Sherman County, Oregon

$945/mo
Median Monthly Rent
$206,700
Median Home Value
17% below state averageUnaffordable

At a Glance

Median Monthly Rent
$945/mo
17% below state average
Median Home Value
$206,700
27% below national
Rent-to-Income Ratio
18.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Sherman County Compares

Median monthly rent comparison

Sherman County$945/mo
Oregon Average$1,137/mo
National Median$1,163/mo

Detailed Housing Stats

$945/mo
Median Gross Rent
$206,700
Median Home Value
$649/mo
Monthly Owner Cost
18.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Sherman County, Oregon

Sherman's affordability masks income challenge

Sherman County's 19.1% rent-to-income ratio sits barely below Oregon's state average, but the picture grows more complex when considering the median household income of just $59,500—15% below the national median. Renters here spend a slightly higher proportion of lower earnings on housing compared to typical Americans.

Affordable rents, but income lags statewide

Sherman County's $945 monthly rent falls well below Oregon's $1,137 average, yet the 19.1% rent-to-income ratio slightly trails the state average due to lower incomes. The county represents classic rural Oregon: modest housing costs offset by limited earning potential.

Sherman competes with eastern Oregon peers

Sherman's $945 rent sits between Morrow County ($910) and Umatilla County ($962), with the 19.1% rent-to-income ratio slightly below neighboring Morrow (15.6%) but better than Tillamook (21.1%). Income levels here remain the lowest among compared counties, affecting overall affordability assessment.

Low rents, lower incomes create balance

Sherman renters spend $945 monthly while homeowners pay just $649—the lowest monthly ownership cost among all surveyed counties—with median home value of $206,700. The combination of low income ($59,500) and low housing costs means residents balance affordability with limited economic opportunity.

Sherman offers affordability with tradeoffs

Sherman County's $945 rent and remarkably affordable homeownership costs ($649/month) appeal to those prioritizing low housing expenses, but limited job markets require careful consideration. The county works best for retirees, remote workers, or those with income from elsewhere who value extreme housing affordability.

Affordability Calculator

See how your income compares to housing costs in Sherman County

$

Rent Burden

19.1%

of gross income

Max Housing (28% Rule)

$1,388

per month

Owner Cost Burden

13.1%

of gross income

The median home in Sherman County may be a stretch

Median home value is $206,700. Estimated monthly cost: $1,650 vs. your max of $1,388.

Rent Affordability Guide

Your rent-to-income ratio19.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Sherman County, Oregon?
Sherman County, Oregon has a median monthly rent of $945/mo and a median home value of $206,700. The affordability rating is Unaffordable, with rent making up approximately 18.0% of median household income.
What is the median rent in Sherman County?
The median gross rent in Sherman County is $945/mo. This is 17% below state average for Oregon.
Is Sherman County affordable?
Sherman County is rated Unaffordable based on rent-to-income ratio of 18.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sherman County's rent compare to the state average?
Sherman County's median rent of $945/mo is 17% below state average of $1,137/mo for Oregon.
What is the median home value in Sherman County?
The median home value in Sherman County, Oregon is $206,700. This is 27% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.