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Lake County Housing Market

Oregon · 36 counties · Ranked #2118 in home value

Below National Avg

Housing at a Glance

Median Home Value

$219,400

vs national$219,400 vs $281,900 national

Median Gross Rent

$861/mo

vs national$861 vs $1,163 national

Effective Tax Rate

0.64%

vs national0.64% vs 1.02% national

Median Household Income

$61,222

vs national$61,222 vs $74,755 national

Affordability Ratio

3.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

22.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,407

Tax as % of Home Value

0.64%

Monthly Owner Cost

$742

Renter Income

$38,938

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Mortgage

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Home Search

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Lake County?

The median home value in Lake County is $219,400. This is below the national median of $281,900.

How much is rent in Lake County?

The median gross rent in Lake County is $861 per month.

What is the property tax rate in Lake County?

The effective property tax rate in Lake County is 0.64%. The median annual property tax bill is $1,407.

Is Lake County affordable?

With a home-value-to-income ratio of 3.6x, Lake County is moderately affordable compared to the recommended 3-4x guideline.

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