2026 Affordability Data
Most Affordable Neighborhoods in Klamath Falls - 2026 Data
The median home value in Klamath Falls is $237,800, 16% below nat'l avg. Median rent is $719/month. With an affordability index of 89, Klamath Falls is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Klamath Falls, OR area.
Key Takeaways: Affordability in Klamath Falls
- 1The most affordable neighborhood in Klamath Falls is Independence, with a median home value of $302,300.
- 2Klamath Falls's median home value is $237,800, 16% below nat'l avg (national: $281,900).
- 3Klamath Falls's affordability index is 89 (baseline 100), making it less affordable than the national average.
- 4Median rent in Klamath Falls is $719/month, 38% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Klamath Falls to find the most affordable areas based on home values, rent, and affordability index.
Klamath Falls Affordability Overview
Median Home Value
$237,800
16% below nat'l avg
Median Rent
$719/mo
38% below nat'l avg
Median Income
$46,695
37% below nat'l avg
Affordability Index
89
11% below nat'l avg
Most Affordable Neighborhoods in Klamath Falls (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | IndependenceOR | $302,300 |
| 2 | Lake OswegoOR | $825,000 |
| 3 | MonmouthOR | $343,900 |
| 4 | SilvertonOR | $406,000 |
| 5 | TigardOR | $525,100 |
| 6 | GreshamOR | $411,700 |
| 7 | HillsboroOR | $452,300 |
| 8 | CorneliusOR | $379,400 |
| 9 | SandyOR | $435,100 |
| 10 | SpringfieldOR | $293,200 |
| 11 | OntarioOR | $174,900 |
| 12 | CorvallisOR | $436,000 |
| 13 | AlbanyOR | $321,600 |
| 14 | NewportOR | $373,400 |
| 15 | TualatinOR | $548,900 |
Detailed Neighborhood Profiles
Home Value: $302,300
Rent: $719/mo
Affordability: 89
Population: 9,981
Home Value: $825,000
Rent: $719/mo
Affordability: 89
Population: 40,457
Home Value: $343,900
Rent: $719/mo
Affordability: 89
Population: 11,054
4
Home Value: $406,000
Rent: $719/mo
Affordability: 89
Population: 10,439
5
Home Value: $525,100
Rent: $719/mo
Affordability: 89
Population: 55,161
6
Home Value: $411,700
Rent: $719/mo
Affordability: 89
Population: 113,525
7
Home Value: $452,300
Rent: $719/mo
Affordability: 89
Population: 106,612
8
Home Value: $379,400
Rent: $719/mo
Affordability: 89
Population: 13,245
9
Home Value: $435,100
Rent: $719/mo
Affordability: 89
Population: 12,592
10
Home Value: $293,200
Rent: $719/mo
Affordability: 89
Population: 61,740
11
Home Value: $174,900
Rent: $719/mo
Affordability: 89
Population: 11,610
12
Home Value: $436,000
Rent: $719/mo
Affordability: 89
Population: 60,050
13
Home Value: $321,600
Rent: $719/mo
Affordability: 89
Population: 56,348
14
Home Value: $373,400
Rent: $719/mo
Affordability: 89
Population: 10,319
15
Home Value: $548,900
Rent: $719/mo
Affordability: 89
Population: 27,804
Frequently Asked Questions About Affordability in Klamath Falls
What is the most affordable neighborhood in Klamath Falls, OR?▾
Based on 2026 data, Independence is the most affordable neighborhood in Klamath Falls with a median home value of $302,300. Kurby analyzed 15 neighborhoods in the Klamath Falls area to compile these rankings.
What is the median home price in Klamath Falls, OR?▾
The median home price in Klamath Falls is $237,800, which is 16% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Klamath Falls affordable compared to the national average?▾
Klamath Falls has an affordability index of 89, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Klamath Falls, OR?▾
The median monthly rent in Klamath Falls is $719. This is 38% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Klamath Falls?▾
The median household income in Klamath Falls is $46,695 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Klamath Falls are below the national average home price?▾
1 out of 15 ranked neighborhoods in Klamath Falls have a median home value below the national average of $281,900. The most affordable is Ontario at $174,900 (Source: Kurby, 2026).