Average Rent in Klamath County, OR↓ Rents falling 9.1% YoY

Klamath County, OR has rental prices ranging from $790/month to $1,895/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $888/month — 37% below the national average of $1,400/month. With a median household income of $59,353/year, spending $888/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Klamath County Compares

With an average 2-bedroom rent of $1,134/month, Klamath County ranks #22 most expensive of the 33 cities tracked in Oregon — pricier than 68% 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 fallen by $113/month (9.1%) over the past year, from $1,247 to $1,134. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.

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 $35,520. The local median household income of $59,353 exceeds that threshold by $23,833, making Klamath County relatively accessible compared to local wages.

Economy & Jobs

Klamath County, OR has an unemployment rate of 5.5%, 1.6 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.

Is Klamath County, OR Affordable?

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

Rent or Buy in Klamath County?

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

Living in Klamath County

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