Mortgage Rates in Oregon City, Oregon — March 2026
Updated March 2026 | Based on Oregon City market data and regional lending conditions
Oregon City is a growing city in Oregon with a population of 37,339. The current 30-year fixed mortgage rate in Oregon City is 6.84%, which is 0.19% above the national average. With a median home price of $380,000 and a 20% down payment of $76,000, homebuyers can expect a monthly principal and interest payment of approximately $1,990.
Current Mortgage Rates in Oregon City, OR
Below are the current average mortgage rates available in the Oregon City area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.09% | 6.85% | +0.24% |
Oregon City Housing Market Overview
The Oregon City housing market reflects moderate demand with prices near the national average. The median household income in Oregon City is $59,700, and the cost of living index is 115.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $97,629 to comfortably afford the median-priced home in Oregon City, which exceeds the current median household income.
Monthly Payment Breakdown for Oregon City
Based on the median home price of $380,000 with 20% down ($76,000), here is what you can expect to pay monthly in Oregon City:
15-Year vs. 30-Year Mortgage in Oregon City
Choosing a 15-year mortgage in Oregon City at 6.06% instead of a 30-year at 6.84% would save you $252,900 in total interest over the life of the loan. However, your monthly payment would be $2,575 instead of $1,990 — an increase of $585 per month.
Calculate Your Oregon City Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Oregon City
What are the current mortgage rates in Oregon City, OR?
As of March 2026, the average 30-year fixed mortgage rate in Oregon City, Oregon is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Oregon City?
Based on the median home price of $380,000 with 20% down, the estimated monthly mortgage payment in Oregon City is $1,990 for principal and interest. Including property taxes of $288/month, the total monthly housing cost is approximately $2,278.
What income do I need to buy a home in Oregon City?
Using the 28% rule, you would need an annual income of approximately $97,629 to afford the median-priced home in Oregon City at $380,000. The median household income in Oregon City is $59,700. This means most households would need to either earn above the median or consider homes below $380,000.
Is Oregon City a good place to buy a home in 2026?
Oregon City has a moderate cost of living with a cost of living index of 115.1 (national average = 100). The property tax rate in Oregon is 0.91%, which is near the national average. Oregon City has a population of 37,339 and offers a balanced lifestyle.
Mortgage Rates in Other Oregon Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Oregon City, Oregon area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.