The typical owner-occupied home in Rhododendron is worth about $415,200, 13% below the Oregon median of $477,600 and 25% above the national median of $332,700. Owners pay a median $2,029 a year in property taxes, about 0.49% of their home's value, lower than the Oregon rate of 0.81%. The median household earns $86,161 a year, so the median home costs 4.8 times the median income (5.8 times for Oregon). 93% of occupied homes here are lived in by their owners, and 80% of those owners still have a mortgage.
Rhododendron at a glance
| Rhododendron | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $415,200 | $477,600 | $332,700 |
| Median property tax paid per year | $2,029 | $3,876 | $3,119 |
| Property tax as a share of value | 0.49% | 0.81% | 0.94% |
| Median household income | $86,161 | $83,011 | $80,734 |
| Homes lived in by their owners | 93% | 63% | 65% |
| Owner homes with a mortgage | 80% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,875 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 28.1% | 22.4% | 21.0% |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1938 | 1981 | 1980 |
| Vacant homes | 85.3% | 7.5% | 10.1% |
| Population | 214 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Rhododendron
At this week's average 30-year rate of 7.11%, buying the median Rhododendron home of $415,200 with 20% down costs about $2,577 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,269, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $110,443 for the 20%-down payment. That payment is 36% of the median Rhododendron household income of $86,161; at that income and 20% down, the 28% guideline points to a home of about $324,000.
| Down payment | $83,040 |
|---|---|
| Loan amount | $332,160 |
| Principal and interest | $2,234 |
| Property taxes (0.49% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $173 |
| PMI | $0 |
| Total per month | $2,577 |
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| Down payment | $14,532 |
|---|---|
| Loan amount | $407,680 |
| Principal and interest | $2,742 |
| Property taxes (0.49% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $173 |
| FHA mortgage insurance | $184 |
| Total per month | $3,269 |
Change the numbers in the calculator
Questions about home buying in Rhododendron
What is the median home value in Rhododendron?
About $415,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rhododendron?
Homeowners pay a median $2,029 a year, which is about 0.49% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Rhododendron?
For the median home with 20% down at 7.11%, the payment is about $2,577 a month. Keeping that under 28% of gross income takes about $110,443 a year.
More about Rhododendron
- Mortgage Refinance in Rhododendron
- Debt Relief in Rhododendron
- Home Equity Loans in Rhododendron
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data