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Cost of Living in Forest Grove, OR

Population 26,529 · Census ACS 2020–2024 5-year estimates

Median rent$1,460
Median home value$479,600
Median household income$87,933

The median rent in Forest Grove, OR is $1,460/month, 4% lower than the Oregon median and 3% higher than the U.S. median. The median home value is $479,600, 44% higher than the national median. Households earn a median of $87,933 a year, 6% higher than the state median.

Affordability

Rent as a share of median income: 19.9%
Income needed for median rent (30% rule): $58,400/yr
Home price-to-income ratio: 5.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,425/mo

Run your own numbers: mortgage calculator · hourly to salary

Forest Grove vs. Oregon vs. U.S.

Forest GroveOregonU.S.
Median rent$1,460$1,525$1,413
Median home value$479,600$477,600$332,700
Median household income$87,933$83,011$80,734
Homeownership rate64.1%63.3%65.2%
Bachelor's degree or higher31.8%36.8%35.7%
Poverty rate15.4%11.9%12.5%
Unemployment rate4.3%5.4%5.2%
Work from home12.2%19.0%15.1%
Median age34.040.438.9

FAQ

What is the average rent in Forest Grove, OR?

The median gross rent in Forest Grove, OR is $1,460 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Forest Grove, OR?

Using the common 30% rule, renting a median-priced home takes about $58,400 a year in gross income.

Is Forest Grove, OR expensive to live in?

Rent there is 3% higher than the U.S. median, and the median home costs about 5.5 times the median household income.

Other cities in Oregon

Portland, ORRent $1,655 · Income $90,919Eugene, ORRent $1,402 · Income $66,562Salem, ORRent $1,400 · Income $75,487Gresham, ORRent $1,586 · Income $77,795Hillsboro, ORRent $1,978 · Income $106,409Bend, ORRent $1,883 · Income $96,394

Cities with a similar cost of living

Concord, NCRent $1,451 · Income $86,921Coon Rapids, MNRent $1,494 · Income $88,251Westminster, MDRent $1,476 · Income $86,219Carrboro, NCRent $1,470 · Income $85,743Taylorsville, UTRent $1,482 · Income $86,413Hanahan, SCRent $1,412 · Income $87,984

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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