Oregon Rental Portfolio Guide
What you need to know before building or growing a rental portfolio in Oregon — property tax burden, state income tax, security-deposit rule, source-of-income law, and the metros that actually cash-flow after accounting for local taxes.
Tax burden on Oregon rentals
Property tax
0.93%
effective rate on median home value
At 0.93% effective, the property tax burden is above the national median (rank 28 of 51). Bake the full annual tax bill into every underwrite; a 2% effective rate on a $400K home is $8,000 a year that has to come out of rent before mortgage.
State income tax
9.90%
top marginal rate
A top marginal rate of 9.90% is high nationally. Rental portfolio income at scale takes a significant state hit on top of federal, so serious operators lean hard on depreciation, cost segregation and 1031 deferral. Long-term hold economics reward staying under the top bracket where possible.
Security deposit rule
No statutory cap on security deposits. Landlords set the deposit at whatever the market accepts — typically one to two months' rent, sometimes more for higher-risk applicants or pets. Local ordinances may still apply.
Deposit rules change; verify current statute before drafting a lease.
Best cash-flow markets in Oregon
Modeled monthly cash flow on a median-priced single-family purchase at 20% down, 30-year fixed, using Oregon’s 0.93% effective property tax rate plus 25% of rent for insurance, maintenance, vacancy and management.
| Market | Median price | Median rent | Annual property tax | CF / month |
|---|---|---|---|---|
| Hermiston, OR | $313,080 | $1,434 | $2,912 | $-809 |
| Klamath Falls, OR | $313,615 | $1,268 | $2,917 | $-936 |
| Coos Bay, OR | $350,616 | $1,502 | $3,261 | $-983 |
| La Grande, OR | $336,756 | $1,278 | $3,132 | $-1,068 |
| Ontario, OR | $376,196 | $1,591 | $3,499 | $-1,070 |
| Roseburg, OR | $346,737 | $1,281 | $3,225 | $-1,125 |
State median across the metros: $439,493 home, $1,656 rent, $-1,264/mo modeled cash flow.
Track your Oregon rental portfolio
The Pro Portfolio Tracker rolls up every property in your portfolio, auto-revalues them monthly against local price data, and flags DSCR risk and equity milestones. Each Oregon property carries the state-specific tax burden shown above through to the cash flow calculation.
Property tax rate: Tax Foundation. Security deposit rule: state statute. Verify current law before making decisions — statutes change and this page is a planning reference, not legal or tax advice.