Cost of Living in Wallowa County, Oregon

$858/mo
Median Monthly Rent
$371,900
Median Home Value

At a Glance

Median Monthly Rent
$858/mo
25% below state average
Median Home Value
$371,900
32% above national
Rent-to-Income Ratio
26.0%
% 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 Wallowa County Compares

Median monthly rent comparison

Wallowa County$858/mo
Oregon Average$1,137/mo
National Median$1,163/mo

Detailed Housing Stats

$858/mo
Median Gross Rent
$371,900
Median Home Value
$834/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Wallowa County ranks #327 of 3,144 counties for affordability (top 10%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Wallowa County, Oregon

Wallowa combines low rent and strong ratios

Wallowa County's 15.7% rent-to-income ratio sits well below the national baseline and Oregon's 19.4% state average, delivering exceptional affordability. The median household income of $65,559 falls below the national median of $74,755, yet housing costs remain among Oregon's most restrained.

Wallowa ranks Oregon's most affordable

At 15.7%, Wallowa County ties with Morrow for Oregon's best rent-to-income ratio, offering genuine affordability in the state's rural northeast. The $858 median rent represents Oregon's lowest, creating unmatched rental value despite modest income levels.

Wallowa's rent sets eastern standard

Wallowa's $858 rent beats all eastern Oregon comparisons—Morrow ($910), Umatilla ($962), Union ($982)—while matching the 15.7% rent-to-income excellence of Morrow County. The county delivers unrivaled rental affordability paired with competitive ownership costs.

Wallowa's exceptional rental value

Wallowa renters spend just $858 monthly—lowest in the region—while homeowners budget $834, with median home value of $371,900 reflecting mountain property appeal. At 15.7% of income dedicated to rent, Wallowa residents enjoy maximum financial flexibility.

Wallowa offers unmatched rural value

Wallowa County delivers Oregon's most compelling affordability package: $858 rent, 15.7% rent-to-income ratio, and mountain scenery without Portland-area prices. If your relocation prioritizes housing affordability alongside access to outdoor recreation and small-town living, Wallowa stands unmatched among Oregon options.

Cost of Living Advisory: Wallowa County

Affordability Verdict

Wallowa County is affordable for renters, with a median gross rent of $858/month representing approximately 15.7% of median household income. The rent burden (GRAPI) stands at 26.0%.

Rent vs. Own

Renters in Wallowa County pay $858/month on average, compared to $834/month for homeowners. This market favors buyers by about 3%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,320/year. For owner costs at the 28% rule, the required income is roughly $35,743/year. With a median household income of $65,559, most households can comfortably afford rent here. Notably, 26.0% of renter households in Wallowa County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Wallowa County sits 6% less expensive than Morrow County ($910/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Wallowa County

$

Rent Burden

15.7%

of gross income

Max Housing (28% Rule)

$1,530

per month

Owner Cost Burden

15.3%

of gross income

The median home in Wallowa County may be a stretch

Median home value is $371,900. Estimated monthly cost: $2,969 vs. your max of $1,530.

Rent Affordability Guide

Your rent-to-income ratio15.7%
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: $65,559Needed: $34,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,559Needed: $35,743
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $65,559Needed: $86,551

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 Wallowa County, Oregon?
Wallowa County, Oregon has a median monthly rent of $858/mo and a median home value of $371,900. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Wallowa County?
The median gross rent in Wallowa County is $858/mo. This is 25% below state average for Oregon.
Is Wallowa County affordable?
Wallowa County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wallowa County's rent compare to the state average?
Wallowa County's median rent of $858/mo is 25% below state average of $1,137/mo for Oregon.
What is the median home value in Wallowa County?
The median home value in Wallowa County, Oregon is $371,900. This is 32% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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