Lane County, Oregon Housing Market Prices
Lane County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 23% below the Oregon median$314,880
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Median rent 11% below the Oregon median More expensive than 71% of counties in Oregon$1,355
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lane County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $314,880 | $406,603 | $248,835 |
| Price Trend (Annual %) | 8.8% | 9.4% | 7.5% |
| Median Gross Rent | $1,355 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lane County is about 23% lower than in Oregon. Rent is about 11% lower than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lane County, up about 8.8% and 5.5% a year respectively. Home prices are changing faster.
Median rent in Lane County rose about 56.5% between 2015 and 2024, from $866 to $1,355. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Lane County.
Buying the median-priced home in Lane County costs roughly 19.4 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lane County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Lane County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $314,880 | $406,603 | $248,835 |
| Median Household Income | $71,321 | $83,617 | $80,455 |
| Price-to-Income Ratio | 4.4 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lane County rose about 92.9%, while median household income rose about 60.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lane County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.4% | 58.6% | 58.5% |
| Rental Rate | 38.1% | 33.9% | 31.2% |
| Vacancy Rate | 5.5% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Lane County has a homeownership rate of 56.4%, lower than the Oregon average of 58.6%. Its housing vacancy rate is 5.5%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Lane County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.33 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1979 | 1980 | 1978 |
| Median Number of Rooms | 5.3 | 5.3 | 5.5 |
The typical housing unit in Lane County was built around 1979. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 13.0 years on average.
Lane County, OR Housing Compared With Nearby Counties
Lane County, OR is the largest of the 6 counties compared here, 383,903 residents against a local median of 111,795. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Lane County, OR an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 8% below the local median at 59.7% against 64.7%. Lane County, OR has the 5th highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lane County, OR | 383,903 | $314,880 #3/6 | $1,355 #3/6 | 59.7% #5/6 |
| Linn County, OR | 130,588 | $326,639 | $1,319 | 66.9% |
| Douglas County, OR | 111,795 | $308,965 | $1,055 | 72.7% |
| Benton County, OR | 96,284 | $77,748 | $1,409 | 56.9% |
| Marion County, OR | 349,246 | $420,811 | $1,414 | 62.3% |
| Polk County, OR | 89,625 | $85,076 | $1,299 | 64.7% |
Frequently Asked Questions
Common questions about the housing market in Lane County, Oregon.
What is the median home price in Lane County, Oregon?
The median home price in Lane County, Oregon is $314,880, lower than the Oregon average of $406,603.
What is the average home price in Lane County, Oregon?
The typical home price in Lane County, Oregon, reported as the median sale price, is $314,880. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lane County, Oregon?
The median gross rent in Lane County, Oregon is $1,355 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Lane County in 2020?
In 2020, the median gross rent in Lane County, Oregon was $1,037 per month.
What is the price-to-rent ratio in Lane County, Oregon?
The price-to-rent ratio in Lane County, Oregon is about 19.4, meaning it would take roughly 19.4 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lane County.
Are home prices or rent rising faster in Lane County, Oregon?
Both home prices and rent are rising in Lane County, up about 8.8% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lane County, Oregon?
56.4% of households in Lane County, Oregon own their home, lower than the Oregon average of 58.6%.
What is the vacancy rate in Lane County, Oregon?
The housing vacancy rate in Lane County, Oregon is 5.5%, lower than the Oregon average of 7.5%.
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