Rent is higher than in 64% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 6.0 years of household income, so buying is hard for most locals.
How much money do I need?
To rent here comfortably, you should earn about $76,600 a year. That is $37 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 68 of 105 cities from cheapest to most expensive.
How much do households earn in Talent?
Share of households by yearly income. 20.7% of households earn $100,000 or more.
Rent by apartment size in Talent
| Size | Talent | U.S. average |
|---|---|---|
| 1 bedroom | $1,137 | $1,324 |
| 2 bedrooms | $1,684 | $1,509 |
| 3 bedrooms | $2,187 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Talent 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 Talent, so the Oregon figure is shown.
Taxes and bills in Talent
Life in Talent
Is it cheaper to rent or buy in Talent?
Renting is cheaper right now: about $897 a month less.
Owning assumes a typical $405,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,530 for the down payment.
Frequently asked questions
What is the average rent in Talent, OR?
Renting in Talent costs a median of about $1,915 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Talent?
To keep rent under 30% of income, you need about $76,600 a year, or $37 an hour at a full-time job.
Is Talent cheap or expensive?
Talent is rated Expensive: rent takes 34.1% of the typical household income of $67,453. It ranks 68th cheapest of 105 Oregon cities we track.
How much are property taxes in Talent?
The median homeowner in Talent pays $3,365 a year in property taxes, about 0.83% of the median home value.
Is Talent 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 Talent?
The median home value in Talent is $405,300, about 6.0 times the typical yearly household income.
6,254 people live in Talent. Numbers are typical (middle) values.