States › Oregon › Silverton

Is Silverton, OR expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8837% higher than U.S. average
💵 Families earn per year (2026)$86,237about $7,186/month · 1% lower than U.S. average
🔑 House price$484,80046% higher than U.S. average

Rent is higher than in 62% of U.S. cities. A typical house costs about 5.6 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $75,320 a year. That is $36 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 63 of 105 cities from cheapest to most expensive.

Silverton
$1,883
Santa Clara
$1,809
Newport
$1,495
Cottage Grove
$1,752
Baker City
$1,006
Independence
$3,500+
Molalla
$1,754

How much do households earn in Silverton?

Under $25k
15.6%
$25k–50k
19.4%
$50k–100k
35.3%
$100k–150k
17.8%
$150k+
10.5%

Share of households by yearly income. 28.3% of households earn $100,000 or more.

Rent by apartment size in Silverton

SizeSilvertonU.S. average
1 bedroom$954$1,324
2 bedrooms$1,824$1,509
3 bedrooms$1,684$1,698
4 bedrooms$2,028$2,098

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

How expensive is Silverton 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 Silverton, so the Oregon figure is shown.

Taxes and bills in Silverton

🏛️ Property tax$3,670a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$134a month (typical) · U.S. $156

Life in Silverton

Commute to work29.4 minU.S.: 26.4 min
College degree33%U.S.: 35.7%
Own their home61.1%U.S.: 65.2%
Below poverty line10.6%U.S.: 12.5%
Unemployment1.9%U.S.: 5.2%

Is it cheaper to rent or buy in Silverton?

Renting is cheaper right now: about $1,481 a month less.

Renting
$1,883
Owning
$3,364

Owning assumes a typical $484,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,480 for the down payment.

Frequently asked questions

What is the average rent in Silverton, OR?

Renting in Silverton costs a median of about $1,883 a month in 2026, including utilities. The Oregon median is $1,811.

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

To keep rent under 30% of income, you need about $75,320 a year, or $36 an hour at a full-time job.

Is Silverton cheap or expensive?

Silverton is rated OK: rent takes 26.2% of the typical household income of $86,237. It ranks 63rd cheapest of 105 Oregon cities we track.

How much are property taxes in Silverton?

The median homeowner in Silverton pays $3,670 a year in property taxes, about 0.76% of the median home value.

Is Silverton 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 Silverton?

The median home value in Silverton is $484,800, about 5.6 times the typical yearly household income.

10,456 people live in Silverton. Numbers are typical (middle) values.