Cost of Ownership · Oregon
The true cost of owning a home in Oregon
For a median $477,600 home in Oregon, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.
Lender-approved payment
$3,316/mo
PITI + PMI
True monthly cost
$3,714/mo
everything, incl. upkeep
The gap
+$398/mo
what approval leaves out
Effective property-tax rate
0.81%
Avg. homeowners premium
$893/yr
NFIP flood claims on record
6,095
Closing costs in Oregon
Median closing costs and lender origination charges on real home-purchase loans in Oregon, from public CFPB HMDA data. Cells with fewer than 25 loans aren't shown.
Median total closing costs
$7,840
Typically $5,137–$12,481
Median origination charges
$4,755
Typically $2,085–$7,716
| Loan size | p25 | Median | p75 | Loans |
|---|---|---|---|---|
| All | $5,137 | $7,840 | $12,481 | 37,864 |
| All | $5,317 | $8,529 | $13,000 | 35,176 |
| < $250k | $4,056 | $5,436 | $7,433 | 4,631 |
| < $250k | $4,065 | $5,642 | $7,663 | 4,863 |
| $250k–$500k | $5,213 | $8,295 | $12,572 | 22,039 |
| $250k–$500k | $5,638 | $9,133 | $13,246 | 21,175 |
| $500k–$750k | $5,732 | $10,004 | $15,059 | 7,736 |
| $500k–$750k | $5,578 | $8,870 | $14,625 | 8,753 |
| > $750k | $6,403 | $9,254 | $15,196 | 2,441 |
| > $750k | $6,237 | $9,583 | $17,468 | 1,402 |
Compare your own Loan Estimate with the Loan Estimate Decoder, or see every state in the Fee & Rate Index.
Common questions about buying a home in Oregon
- What are the median closing costs in Oregon?
- Median total closing costs — lender and third-party charges — on a home-purchase loan in Oregon are about $7,840, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.
- What is the effective property-tax rate in Oregon?
- The effective property-tax rate in Oregon is about 0.81%, from the Census American Community Survey (median real estate taxes divided by median home value).
- What does a median home cost to own each month in Oregon?
- A median $477,600 home in Oregon costs about $3,714 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $3,316. Every figure is from public data.
These figures use Oregon's median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how Oregon ranks on property tax and insurance, or browse every state.