Hood River County, OR real estate

What the numbers say

Hood River County, OR real estate at a glance

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

Homeowners in Hood River County pay a median of $3,515 a year in property taxes on a median home value of $660,000, an effective rate of about 0.53%. The Oregon average is 0.81%, which makes Hood River County the #3 lowest-tax of 36 counties in the state with published tax data.

Renters pay a median of $1,417 a month, and $1,541 for a two-bedroom. At today's prices a typical home costs about 39 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 $660,000 home here comes to about $4,166 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $179,000 a year (the median household here earns $88,947).