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Cove, OR
Full City Profile · Oregon · Union County County
3.4
/5.0
B
Good
638
Population
798/sq mi density
$67,813
Median Income
$98,317 per capita
$243,800
Home Value
$469,699 Zillow
$1,175
Median Rent
45.4% income on rent
49°F
Avg Temperature
311 sunny days/yr
115
Violent Crime/100K
2,494 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$67,813 median income, 1.8% unemployment
A+
Affordability
4.7 / 5.0
$243,800 home value, $1,175/mo rent
F
Safety
1.0 / 5.0
115 violent crimes/100K
B
Education
3.4 / 5.0
30.3% bachelor's degree or higher
Housing Overview
Median Home Value
$243,800
14% below
US avg: $281,900
Median Rent
$1,175/mo
1% above
US avg: $1,163/mo
Homeownership Rate
76.5%
17% above US avg (65.4%)
Total Housing Units
315
Median year built: 1974
Home Value by Source
Census Median
$243,800
Zillow (ZHVI)
$469,699
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.5%
Owner-Occupied
23.5%
Renter-Occupied
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:
$1,175/mo
Affordability & Housing Stock
Rent Burden
45.4%
of renters spending 30%+ of income on housing
46% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
76.5%
Complete Housing Data
Home Values
| Census Median Value | $243,800 |
| Zillow Home Value (ZHVI) | $469,699 |
Rent
| Census Median Rent | $1,175 |
| 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-Occupied | 76.5% |
| Renter-Occupied | 23.5% |
| Homeownership Rate | 76.5% |
| Total Housing Units | 315 |
| Median Year Built | 1974 |
| Rent Burden | 45.4% |