salaryRent is higher than in 69% of U.S. cities. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 5.0 years of household income. Most homes (77.1%) are owned, so rentals can be hard to find. It is a highly educated city: 72.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $79,800 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
No. Rent here is more expensive than in most of Oregon. It is number 77 of 105 cities from cheapest to most expensive.
How much do households earn in Cedar Mill?
Share of households by yearly income. 59.4% of households earn $100,000 or more.
Rent by apartment size in Cedar Mill
| Size | Cedar Mill | U.S. average |
|---|---|---|
| 1 bedroom | $1,781 | $1,324 |
| 2 bedrooms | $1,912 | $1,509 |
| 3 bedrooms | $2,640 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cedar Mill overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cedar Mill, so the Oregon figure is shown.
Taxes and bills in Cedar Mill
Life in Cedar Mill
Is it cheaper to rent or buy in Cedar Mill?
Renting is cheaper right now: about $4,099 a month less.
Owning assumes a typical $878,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $87,830 for the down payment.
Frequently asked questions
What is the average rent in Cedar Mill, OR?
Renting in Cedar Mill costs a median of about $1,995 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Cedar Mill?
To keep rent under 30% of income, you need about $79,800 a year, or $38 an hour at a full-time job.
Is Cedar Mill cheap or expensive?
Cedar Mill is rated Cheap: rent takes 13.5% of the typical household income of $176,959. It ranks 77th cheapest of 105 Oregon cities we track.
How much are property taxes in Cedar Mill?
The median homeowner in Cedar Mill pays $7,530 a year in property taxes, about 0.86% of the median home value.
Is Cedar Mill more expensive than the national average?
Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cedar Mill?
The median home value in Cedar Mill is $878,300, about 5.0 times the typical yearly household income.
19,471 people live in Cedar Mill. Numbers are typical (middle) values.