Rent is lower than in 70% of U.S. cities. A typical house costs about 4.0 years of household income. Most homes (75.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $51,640 a year. That is $25 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 15 of 105 cities from cheapest to most expensive.
How much do households earn in Creswell?
Share of households by yearly income. 33.4% of households earn $100,000 or more.
Rent by apartment size in Creswell
| Size | Creswell | U.S. average |
|---|---|---|
| 2 bedrooms | $1,209 | $1,509 |
| 3 bedrooms | $2,005 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Creswell 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 Creswell, so the Oregon figure is shown.
Taxes and bills in Creswell
Life in Creswell
Is it cheaper to rent or buy in Creswell?
Renting is cheaper right now: about $1,731 a month less.
Owning assumes a typical $435,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,550 for the down payment.
Frequently asked questions
What is the average rent in Creswell, OR?
Renting in Creswell costs a median of about $1,291 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Creswell?
To keep rent under 30% of income, you need about $51,640 a year, or $25 an hour at a full-time job.
Is Creswell cheap or expensive?
Creswell is rated Cheap: rent takes 14.3% of the typical household income of $108,265. It ranks 15th cheapest of 105 Oregon cities we track.
How much are property taxes in Creswell?
The median homeowner in Creswell pays $2,869 a year in property taxes, about 0.66% of the median home value.
Is Creswell 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 Creswell?
The median home value in Creswell is $435,500, about 4.0 times the typical yearly household income.
5,621 people live in Creswell. Numbers are typical (middle) values.