Grant County, OR real estate

What the numbers say

Grant County, OR real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Grant County pay a median of $1,674 a year in property taxes on a median home value of $229,700, an effective rate of about 0.73%. The Oregon average is 0.81%, which makes Grant County the #16 lowest-tax of 36 counties in the state with published tax data.

Renters pay a median of $789 a month, and $751 for a two-bedroom. At today's prices a typical home costs about 24 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $230,000 home here comes to about $1,488 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $64,000 a year (the median household here earns $59,450).