Prineville, OR

Average · 96

Oregon · Population 11,187 · Updated March 2026

$1,245
Median Rent / Month
$72,058
Median Income
$364,600
Median Home Value
$1,178
Owner Costs / Month

Affordability

How far your income goes in Prineville

20.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Oregon

State-level tax rates that affect your costs

9.9%
Income Tax (Top Rate)
0%
Sales Tax
0.93%
Property Tax Rate

Estimated Annual Costs

$14,940
Annual Rent
$7,134
State Income Tax
$3,391
Property Tax (est.)

Cost of Living Overview

Prineville has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), Prineville residents can expect to pay median rent of $1,245/month while earning a median household income of $72,058/year.

The median home value in Prineville, OR is $364,600, with typical monthly owner costs around $1,178 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Oregon's top income tax rate of 9.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 0% sales tax rate and 0.93% effective property tax rate, the overall tax environment is a factor in the total cost of living in Prineville.

Frequently Asked Questions

Common questions about living costs in Prineville

What is the cost of living in Prineville, OR?
The cost of living index in Prineville, OR is 96 (US average = 100). Median monthly rent is $1,245, median household income is $72,058/year, and the median home value is $364,600.
Is Prineville, OR affordable?
Yes, Prineville is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 20.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Prineville, OR?
The median gross rent in Prineville, OR is $1,245 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,940.
What is the median household income in Prineville?
The median household income in Prineville, OR is $72,058 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oregon?
Oregon has a top income tax rate of 9.9%, a sales tax of 0%, and an effective property tax rate of 0.93%.