What is the Property Tax Rate in Oregon?

Based on HomeLight’s analysis of publicly available data, the average effective property tax rate for a primary residence in Oregon is approximately 0.93% of its estimated value. This is higher than the national average of 0.90%.

For example, with a 0.93% effective tax rate, a homeowner with a $529,300 home might pay around $4,922 in annual property taxes.

An effective property tax rate represents the actual percentage of a property’s market value that a homeowner pays in taxes, considering the assessed value and any exemptions or deductions.

Note: HomeLight’s Oregon property tax calculator provides a ballpark estimate for a primary residence using average rates. Your tax can vary based on location and the specific taxing districts (e.g., schools, fire districts, and libraries) that apply to your parcel. For a precise number, contact the assessor’s office in the county where the property is located.

Are There Property Tax Exemptions in Oregon?

Homeowners in Oregon may qualify for several property tax exemptions that can lower their tax bill. These are offered through the Oregon Department of Revenue, depending on your location.

Oregon has over 100 different property tax exemption programs. Some of the most common include senior or veteran exemptions, commercial property exemptions, or active-military exemptions. For a more complete list, consult the Oregon Department of Revenue.

When Are Oregon Property Taxes Due?

Oregon property taxes are typically due annually in the middle of October. This can vary by municipality, so consult what is expected for your city or county.

What Do Property Taxes Pay For in Oregon?

Local property taxes in Oregon pay for important local services, including:

Public schools
Police, fire, and EMS services
Roads, streets, and traffic signals
Parks, libraries, and community centers
City and county government operations
Infrastructure like water, sewer, and trash services
Repayment of local bond projects (such as transit and school improvements)

What Does It Cost to Buy a Home in Oregon?

How Much House Can You Afford?

Affordability in Oregon depends on your income, debt, credit score, and mortgage rate. With a median household income of around $88,740 in the Beaver State, a buyer might afford a home in the $295,000–$300,000 range using standard debt-to-income guidelines. However, with the Oregon median home price coming in at $529,300, many buyers need dual incomes or additional savings to qualify.

Use HomeLight’s Home Affordability Calculator to estimate your budget based on your income, debts, and current rates.

What Down Payment Will You Need in Oregon?

According to Visual Capitalist, the average down payment on a house in Oregon is 17.3%. However, down payment amounts vary widely depending on loan type and credit score. While 20% used to be the expected standard, many buyers put down between 5% and 15%, with 3% options available for FHA and some conventional first-time buyer loans.

For a $529,300 home, here’s what your down payment could look like:

3% down = $15,879
5% down = $26,465
10% down = $52,930
15% down = $79,395
20% down = $105,860

Try HomeLight’s Down Payment Calculator to see how different down payments affect your monthly payment and loan size.

How Much Are Closing Costs in Oregon?

Buyers in Oregon can expect to pay about 2% to 5% of the purchase price in closing costs. These may include:

Loan origination and underwriting fees
Title insurance and escrow fees
Appraisal and inspection costs
Prepaid property taxes and homeowners’ insurance
Filing and recording fees

For a $529,300 home, that means estimated closing costs of $10,586 to $26,465. Use HomeLight’s Closing Costs Calculator to get a personalized estimate based on your expected Oregon home purchase price.

How To Find a Trusted Oregon Real Estate Agent

An experienced Oregon agent can help you understand local tax rates, school districts, and development trends — and guide you toward neighborhoods that fit your lifestyle and budget.

HomeLight’s free Agent Match tool uses data from over 27 million transactions and thousands of verified reviews to match you with top Oregon agents based on proven performance. Tell us a little about your buying plans and get matched today with no obligation.

Additional resources when searching for a trusted buyer’s agent in Oregon:

Buying and Selling? Consider “Buy Before You Sell”

If you’re buying a new home in Oregon but need to sell your current property first, HomeLight’s Buy Before You Sell program can simplify the entire process. This modern solution helps you unlock equity from your current home so you can make a non-contingent offer on your new home — and only move once. Watch the short video below to see how it works.