States › Oregon › Independence

Is Independence, OR expensive to live in?

ExpensiveRent takes 46 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$92,077about $7,673/month · 6% higher than U.S. average
🔑 House price$378,80014% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 4.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 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 104 of 105 cities from cheapest to most expensive.

Independence
$3,500+
Baker City
$1,006
Molalla
$1,754
North Bend
$944
Astoria
$1,898
Sweet Home
$1,311
Lincoln City
$1,393

How much do households earn in Independence?

Under $25k
8.4%
$25k–50k
23.1%
$50k–100k
36.6%
$100k–150k
19.5%
$150k+
9.6%

Share of households by yearly income. 29.1% of households earn $100,000 or more.

Rent by apartment size in Independence

SizeIndependenceU.S. average
1 bedroom$1,182$1,324
2 bedrooms$1,540$1,509
3 bedrooms$1,995$1,698
4 bedrooms$2,341$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Independence overall?

Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
109
Goods (food, clothes…)
105
Utilities
107
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Independence, so the Oregon figure is shown.

Taxes and bills in Independence

🏛️ Property tax$3,617a year · 0.95% of home value · U.S. $3,119
⚡ Electric bill$123a month (typical) · U.S. $156

Life in Independence

Commute to work24.9 minU.S.: 26.4 min
College degree27%U.S.: 35.7%
Own their home54.6%U.S.: 65.2%
Below poverty line12.5%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Independence?

Buying is cheaper month to month: about $873 a month less than renting.

Renting
$3,500+
Owning
$2,628

Owning assumes a typical $378,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,880 for the down payment.

Frequently asked questions

What is the average rent in Independence, OR?

Renting in Independence costs a median of about $3,500+ a month in 2026, including utilities. The Oregon median is $1,811.

How much do I need to make to live in Independence?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Independence cheap or expensive?

Independence is rated Expensive: rent takes 45.6% of the typical household income of $92,077. It ranks 104th cheapest of 105 Oregon cities we track.

How much are property taxes in Independence?

The median homeowner in Independence pays $3,617 a year in property taxes, about 0.95% of the median home value.

Is Independence 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 Independence?

The median home value in Independence is $378,800, about 4.1 times the typical yearly household income.

10,199 people live in Independence. Numbers are typical (middle) values.