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
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-Occupied | 62.4% |
| Renter-Occupied | 37.6% |
| Homeownership Rate | 62.4% |
| Total Housing Units | 320 |
| Median Year Built | 1972 |
| Rent Burden | 26.5% |
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