The typical home in Eugene, OR is worth about $440,000.
With 20% down that's a loan near $352,000 — the calculator
is pre-filled with that figure. Home to the University of Oregon, Eugene's housing market moves on a smaller scale than Portland's but has followed a similar pattern of pandemic-era gains followed by a plateau. Oregon's Measure 50 caps annual assessed-value growth at roughly 3%, so long-time owners often pay tax on well below market value.
$2,285.41 / month
Total interest
$470,743
Total paid
$822,743
Payoff
30.0 years
How much you need to earn
Eugene, OR's median household income is about
$62,000 a year. Under standard 28/36
lending rules that supports a home price around
$242,791 with 20% down —
below the $440,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Eugene, OR is about $1,500 a month, so owning the median home costs roughly
$1,227 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Eugene, OR?
On the metro's roughly $440,000 typical home with 20% down, the loan is about $352,000. Principal and interest run near $2,285 a month at today's rate, and Eugene, OR's property tax plus insurance add about $442, for a full payment near $2,727.
Can I afford a home in Eugene, OR on the median income?
The median household income is about $62,000 a year. Under standard 28/36 lending rules that supports a home price around $242,791 with 20% down — below the $440,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Eugene, OR?
Typical asking rent is about $1,500 a month. The full owner payment on a median home is near $2,727, so owning costs roughly $1,227 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Eugene, OR?
The effective property tax rate in the core county is about 1.00% of market value — roughly $4,400 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Eugene, OR rising or falling?
Home values are up about 2% over the past year. Home to the University of Oregon, Eugene's housing market moves on a smaller scale than Portland's but has followed a similar pattern of pandemic-era gains followed by a plateau. Oregon's Measure 50 caps annual assessed-value growth at roughly 3%, so long-time owners often pay tax on well below market value.