Rental numbers for the La Grande, OR metro
The typical home here runs -$1,357 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%.
- Gross yield
- 4.2%
- typical home, Zillow
- Median ZIP yield
- 4.3%
- 1 ZIPs with full data
- Cash flow
- -$1,357/mo
- at 7.78%, 25% down
- Typical price
- $336,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,166/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
7 with published figures
| 97827Elgin | $273,000 | $1,250* | 5.5% | 2.7% | -$859 | n/a |
| 97883Union | $307,000 | $1,180* | 4.6% | 1.9% | -$1,166 | n/a |
| 97850La Grande | $328,000 | $1,190 | 4.3% | 1.5% | -$1,361 | n/a |
| 97867North Powder | $277,000 | $990* | 4.3% | 1.5% | -$1,148 | n/a |
| 97824Cove | $499,000 | $1,500* | 3.6% | 1.3% | -$2,140 | n/a |
| 97857Lostine | $472,000 | $1,280* | 3.3% | 1.3% | -$2,027 | n/a |
| 97876Summerville | $574,000 | $1,490* | 3.1% | 1.0% | -$2,634 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.5%
- Rent, 12 months
- +5.3%
- Rent minus price growth
- +0.9 pts
- Property tax
- 0.67%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $257,729 | n/a |
| Aug 2022 | $292,670 | n/a |
| Aug 2023 | $297,879 | n/a |
| Aug 2024 | $302,658 | n/a |
| Aug 2025 | $321,125 | $1,107 |
| Aug 2026 | $335,502 | $1,166 |
Counties
- Union County, OR4.3% median yield
- Wallowa County, ORn/a median yield
Tools
Questions
- Is the La Grande, OR metro good for rental property?
- The typical home here runs -$1,357 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the La Grande, OR metro have the highest rental yield?
- 97850 (La Grande) at 4.3%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.