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Wallowa Lake, OR

Full City Profile · Oregon · Wallowa County County

4.2 /5.0
A Great
116 Population 63/sq mi density
$84,321 Median Income $57,441 per capita
$287,900 Home Value $486,646 Zillow
44°F Avg Temperature 311 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$84,321 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$287,900 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
65.5% bachelor's degree or higher

Housing Overview

Median Home Value
$287,900
2% above
US avg: $281,900
Homeownership Rate
62.4%
5% below US avg (65.4%)
Total Housing Units
320
Median year built: 1972

Home Value by Source

Census Median
$287,900
Zillow (ZHVI)
$486,646
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.4%
Owner-Occupied
37.6%
Renter-Occupied
62%
38%
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

Affordability & Housing Stock

Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
62.4%

Complete Housing Data

Home Values

Census Median Value$287,900
Zillow Home Value (ZHVI)$486,646

Rent

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-Occupied62.4%
Renter-Occupied37.6%
Homeownership Rate62.4%
Total Housing Units320
Median Year Built1972
Rent Burden26.5%