RentData

Average Rent in Klamath County, OR Rents rising 7.0% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 69,812

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Klamath County, OR has rental prices ranging from $758/month to $1,856/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $842/month — 40% below the national average of $1,400/month. With a median household income of $59,353/year, spending $842/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Klamath County Compares

With an average 2-bedroom rent of $1,105/month, Klamath County ranks #21 most expensive of the 31 cities tracked in Oregon — pricier than 75% of all US cities in our data.

The Klamath County Rental Market

The Klamath County, OR area has a population of about 69,812 and 31% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Klamath County, OR have risen by $72/month (7.0%) over the past year, from $1,033 to $1,105. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Klamath County, OR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,680. The local median household income of $59,353 exceeds that threshold by $25,673, making Klamath County relatively accessible compared to local wages.

Economy & Jobs

Klamath County, OR has an unemployment rate of 7.1%, 3.2 percentage points 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 FY2025
Studio
$758
Affordable
1 Bedroom
$842
Affordable
2 Bedrooms
$1,105
7.0% YoY
Affordable
3 Bedrooms
$1,548
Average
4 Bedrooms
$1,856
Average
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Is Klamath 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
$44,200/year
Local median income: $59,353
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,105/month and 20% down on a home at 7% rate.

Nearby Cities in ORlargest metros in the state

CityStudio1BR2BR3BRHome Value
Portland$1,628$1,750$1,997$2,739
Salem$1,147$1,198$1,543$2,148
Eugene$1,060$1,140$1,495$2,095
Bend$1,285$1,318$1,667$2,336
Medford$998$1,137$1,456$2,040
Albany$1,000$1,203$1,459$1,957

Rent or Buy in Klamath County?

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

Should I Rent or Buy?

Break-even analysis using real Klamath County data

$
Home Value
$350,000
2BR Rent
$1,105/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 2 years — worth it if you stay 2+ years.

Total monthly buy cost: $2,577/movs rent: $1,105/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Klamath 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 Klamath County

Compare rent & home prices by neighborhood

💵Rent Affordability in Klamath County

Salary needed to afford rent here

🗺️All Cities in OR

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⚖️Compare Klamath County

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

📋OR Tenant Rights

Deposit limits, eviction laws & renters protections