Lincoln County, Oregon Housing Market Prices
Lincoln 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 27% below the Oregon median$295,722
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Median rent 21% below the Oregon median$1,200
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $295,722 | $406,603 | $248,835 |
| Price Trend (Annual %) | 7.2% | 9.4% | 7.5% |
| Median Gross Rent | $1,200 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 27% lower than in Oregon. Rent is about 21% 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 Lincoln County, up about 7.2% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Lincoln County rose about 44.6% between 2015 and 2024, from $830 to $1,200. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 4.6 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 20.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lincoln County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Lincoln County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $295,722 | $406,603 | $248,835 |
| Median Household Income | $63,695 | $83,617 | $80,455 |
| Price-to-Income Ratio | 4.6 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln County rose about 73.4%, while median household income rose about 61.4% 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 | Lincoln County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.7% | 58.6% | 58.5% |
| Rental Rate | 20.2% | 33.9% | 31.2% |
| Vacancy Rate | 29.2% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Lincoln County has a homeownership rate of 50.7%, lower than the Oregon average of 58.6%. Its housing vacancy rate is 29.2%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Lincoln County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.18 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1981 | 1980 | 1978 |
| Median Number of Rooms | 5.2 | 5.3 | 5.5 |
The typical housing unit in Lincoln County was built around 1981. On average, 2.2 people live in a home with about 5.2 rooms, staying for about 14.0 years on average.
Lincoln County, OR Housing Compared With Nearby Counties
Lincoln County, OR is the smallest of the 5 counties compared here, 50,961 residents against a local median of 102,441. Where Lincoln County, OR breaks from the counties next to it is median rent, sitting 17% below the local median of $1,444 at $1,200.
The counties themselves spread $549 on median rent, so Lincoln County, OR sits at one end of an already wide local range rather than apart from it. Lincoln County, OR has the 5th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, OR | 50,961 | $295,722 #3/5 | $1,200 #5/5 | 71.5% #1/5 |
| Benton County, OR | 96,284 | $77,748 | $1,409 | 56.9% |
| Polk County, OR | 89,625 | $85,076 | $1,299 | 64.7% |
| Yamhill County, OR | 108,598 | $443,771 | $1,479 | 69.4% |
| Washington County, OR | 603,920 | $472,684 | $1,848 | 60.8% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, Oregon.
What is the median home price in Lincoln County, Oregon?
The median home price in Lincoln County, Oregon is $295,722, lower than the Oregon average of $406,603.
What is the average home price in Lincoln County, Oregon?
The typical home price in Lincoln County, Oregon, reported as the median sale price, is $295,722. 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 Lincoln County, Oregon?
The median gross rent in Lincoln County, Oregon is $1,200 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, Oregon was $945 per month.
What is the price-to-rent ratio in Lincoln County, Oregon?
The price-to-rent ratio in Lincoln County, Oregon is about 20.5, meaning it would take roughly 20.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lincoln County.
Are home prices or rent rising faster in Lincoln County, Oregon?
Both home prices and rent are rising in Lincoln County, up about 7.2% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincoln County, Oregon?
50.7% of households in Lincoln County, Oregon own their home, lower than the Oregon average of 58.6%.
What is the vacancy rate in Lincoln County, Oregon?
The housing vacancy rate in Lincoln County, Oregon is 29.2%, higher than the Oregon average of 7.5%.
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