Oregon is full of affordable cities that are perfect for people at every stage of life looking to enjoy the beauty and opportunities of the Beaver State without a high cost of living. Whether you’re already planning on moving to Oregon or just exploring your options, these cities offer a balance of lifestyle and affordability.
From the college town energy in Eugene to the charming small town vibes in Medford, here are six of the cheapest places to live in Oregon along with some of the largest employers and most affordable attractions in each area.
1. Medford
Average rent: $1,340
Medford is one of the most affordable cities in Oregon, with an average rent of $1,340. Studio apartments in Medford are particularly budget-friendly at $1,150, while one-bedroom units are $1,350 and two-bedroom apartments come in at $1,520.
Major employers in Medford include Asante Health System and Lithia Motors. For a little fun under the sun, check out the Rogue River or take a stroll through the beautiful Medford Railroad Park. The city also sponsors free community events throughout the year, including the Medford ArtWalk and a great summer concert series in the park.
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2. Aloha
Average rent: $1,395
Aloha has an average rent of $1,395, making it a great choice for anyone trying to figure out affordable living in Oregon. One-bedroom units are about $1,295, and two-bedroom apartments are $1,495.
A couple of the larger employers in Aloha are Intel and the Beaverton School District. Tualatin Hills Nature Park and the Jenkins Estate are two of the premier affordable attractions in Aloha.
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3. Eugene
Average rent: $1,428
Eugene’s average rent is $1,428, making it a budget-friendly place to call home. Studio apartments in Eugene average $1,195, one-bedroom units are around $1,267, and two-bedroom apartments are $1,822.
The University of Oregon is hands-down one of the most significant employers in Eugene, solidifying the city as one of Oregon’s top college towns. To experience authentic Eugene, we recommend a visit to the Cascades Raptor Center or a day spent exploring the extensive trail system in the Ridgeline Trail Network. Also, you can’t miss the Eugene Saturday Market and the Oregon Country Fair, two banner events for the community.
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4. Salem
Average rent: $1,440
The average rent in Salem sits at about $1,440, making it one of the more affordable towns in Oregon. Studio apartments average $1,437, one-bedroom units are about $1,337, and two-bedroom apartments are $1,545.
Major employers in Salem include the State of Oregon and Salem Health. If you’re in town for a few days, visit the Oregon State Capitol or take a walk through the beautiful Bush’s Pasture Park to see the city in its full glory. The city also puts on community events and festivals throughout the year, like the Salem Art Fair & Festival, providing ample opportunities for low-cost entertainment.
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5. Gresham
Average rent: $1,477
Gresham’s average rent is $1,477. Studio apartments average $1,200, one-bedroom units are about $1,502, and two-bedroom apartments are $1,728. The city’s affordability is boosted by low transportation and utility costs.
A couple of the more noteworthy employers in Gresham include Boeing and Mount Hood Medical Center. For some frugal fun in the great outdoors, check out Gresham Japanese Garden or take a stroll through Main City Park.
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6. Albany
Average rent: $1,536
Albany has an average rent of $1,536. Studio apartments average $1,467, one-bedroom units are about $1,420, and two-bedroom apartments are $1,722.
Linn-Benton Community College is one of the larger employers in Albany, bolstering the youthful energy and adding to the college town vibe. The Talking Water Gardens and taking a walk around historic Downtown Albany are two of the best ways to experience the city on a budget. The city also offers free community events and festivals, like the Albany Farmers’ Market and River Rhythms Concert Series.
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Methodology
All cities must have over 50,000 residents per the US Census and have an average rent price under the median rent price for the state – which is $1,541 per month according to Redfin data. Average rental data from Rent.com July 2024.
