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Bonanza, OR

Full City Profile · Oregon · Klamath County County

3.4 /5.0
B Good
550 Population 671/sq mi density
$92,750 Median Income $47,143 per capita
$235,200 Home Value $293,979 Zillow
$850 Median Rent 22.5% income on rent
47°F Avg Temperature 261 sunny days/yr
324 Violent Crime/100K 4,227 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$92,750 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$235,200 home value, $850/mo rent
F
Safety
1.0 / 5.0
324 violent crimes/100K
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher

Housing Overview

Median Home Value
$235,200
17% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
71.5%
9% above US avg (65.4%)
Total Housing Units
232
Median year built: 1991

Home Value by Source

Census Median
$235,200
Zillow (ZHVI)
$293,979
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.5%
Owner-Occupied
28.5%
Renter-Occupied
72%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent: $850/mo

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
71.5%

Complete Housing Data

Home Values

Census Median Value$235,200
Zillow Home Value (ZHVI)$293,979

Rent

Census Median Rent$850
FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Ownership & Stock

Owner-Occupied71.5%
Renter-Occupied28.5%
Homeownership Rate71.5%
Total Housing Units232
Median Year Built1991
Rent Burden22.5%