RentData

Average Rent in Grant County, OR↓ Rents falling 5.2% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 7,238

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Grant County, OR has rental prices ranging from $757/month to $1,785/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $948/month — 32% below the national average of $1,400/month. With a median household income of $59,800/year, spending $948/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Grant County Compares

With an average 2-bedroom rent of $1,068/month, Grant County ranks #26 most expensive of the 33 cities tracked in Oregon — pricier than 59% of all US cities in our data.

The Grant County Rental Market

The Grant County, OR area has a population of about 7,238 and 19% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Grant County, OR have fallen by $59/month (5.2%) over the past year, from $1,127 to $1,068. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Grant County, OR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $37,920. The local median household income of $59,800 exceeds that threshold by $21,880, making Grant County relatively accessible compared to local wages.

Economy & Jobs

Grant County, OR has an unemployment rate of 4.9%, 1.0 percentage point above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2027
Studio
$757
Affordable
1 Bedroom
$948
Affordable
2 Bedrooms
$1,068
↓5.2% YoY
Affordable
3 Bedrooms
$1,380
Affordable
4 Bedrooms
$1,785
Average
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Is Grant County, OR Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$42,720/year
Local median income: $59,800
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,068/month and 20% down on a — home at 7% rate.

Nearby Cities in ORlargest metros in the state

CityStudio1BR2BR3BRHome Value
Portland$1,527$1,633$1,878$2,550—
Salem$1,285$1,294$1,692$2,341—
Eugene$1,157$1,182$1,546$2,141—
Bend$1,438$1,447$1,893$2,621—
Medford$1,076$1,243$1,539$2,131—
Albany$1,202$1,413$1,726$2,380—

Rent or Buy in Grant County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Grant County data

$
Home Value
$350,000
2BR Rent
$1,068/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 3 years — worth it if you stay 3+ years.

Total monthly buy cost: $2,577/movs rent: $1,068/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Grant County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Grant County

Compare rent & home prices by neighborhood

💵Rent Affordability in Grant County

Salary needed to afford rent here

🗺️All Cities in OR

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⚖️Compare Grant County

Side-by-side rent & cost of living with any city

📋OR Tenant Rights

Deposit limits, eviction laws & renters protections