The typical owner-occupied home in La Grande is worth about $278,700, 42% below the Oregon median of $477,600 and 16% below the national median of $332,700. Owners pay a median $2,863 a year in property taxes, about 1.03% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $58,427 a year, so the median home costs 4.8 times the median income (5.8 times for Oregon). 51% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
La Grande at a glance
| La Grande | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $278,700 | $477,600 | $332,700 |
| Median property tax paid per year | $2,863 | $3,876 | $3,119 |
| Property tax as a share of value | 1.03% | 0.81% | 0.94% |
| Median household income | $58,427 | $83,011 | $80,734 |
| Homes lived in by their owners | 51% | 63% | 65% |
| Owner homes with a mortgage | 51% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,503 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 22.4% | 21.0% |
| Median rent | $968 | $1,525 | $1,413 |
| Rent as a share of renters' income | 28.1% | 31.3% | 30.6% |
| Median year homes were built | 1966 | 1981 | 1980 |
| Vacant homes | 4.9% | 7.5% | 10.1% |
| Population | 13,058 | 4,254,293 | 334,922,499 |
What a typical home costs per month in La Grande
At this week's average 30-year rate of 7.11%, buying the median La Grande home of $278,700 with 20% down costs about $1,855 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,319, 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 $79,509 for the 20%-down payment. That payment is 38% of the median La Grande household income of $58,427; at that income and 20% down, the 28% guideline points to a home of about $205,000.
The median rent here is $968 a month, so owning the median home costs about $887 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $55,740 |
|---|---|
| Loan amount | $222,960 |
| Principal and interest | $1,500 |
| Property taxes (1.03% a year) | $239 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| PMI | $0 |
| Total per month | $1,855 |
Change the numbers in the calculator
| Down payment | $9,754 |
|---|---|
| Loan amount | $273,652 |
| Principal and interest | $1,841 |
| Property taxes (1.03% a year) | $239 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| FHA mortgage insurance | $123 |
| Total per month | $2,319 |
Change the numbers in the calculator
Questions about home buying in La Grande
What is the median home value in La Grande?
About $278,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in La Grande?
Homeowners pay a median $2,863 a year, which is about 1.03% 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 La Grande?
For the median home with 20% down at 7.11%, the payment is about $1,855 a month. Keeping that under 28% of gross income takes about $79,509 a year.
More about La Grande
- Mortgage Refinance in La Grande
- Debt Relief in La Grande
- Home Equity Loans in La Grande
- 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