Metropolitan Area

Klamath Falls, OR

Oregon0
57
/100
Hold
#588 of 894 metros
Top 66% nationally for investing

Market Snapshot

$313,615
Median Home Price
23% above national median
$1,268/mo
Median Rent
8% below national median
4.85%
Rent-to-Price Ratio
Top 77% nationally
-$913
Est. Monthly Cash Flow
With 20% down at 7.4% rate

Home values and rents: available snapshot

Only one observation is stored for Klamath Falls, OR. A historical trend cannot be calculated from this snapshot.

Typical home value (ZHVI)
$313,615
Source period: 2026-05-31
Monthly rent index (ZORI)
$1,268
Source period: 2026-05-31

Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$313,615
Down Payment (20%)$62,723
Loan Amount$250,892
Interest Rate7.40%

Monthly Cash Flow

Gross Rent+$1,268
Monthly P&I-$1,737
Est. Expenses (35%)-$444
Net Cash Flow-$913/mo
3.1%
Cap Rate (all cash)
-15.2%
Cash-on-Cash Return
4.85%
Rent-to-Price Ratio
Negative leverage: At 7.40% rates, borrowing costs exceed the 3.1% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Score Breakdown

Overall Investment Score
57/100
57
Cash Flow(30%)
43/100

Based on 4.85% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
75/100

Based on 3.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
63/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (4.85%)
  • -Negative cash flow at typical financing (-$913/mo)
  • -Negative leverage (cap rate 3.2% < mortgage rate 7.4%)

Counties in Klamath Falls, OR

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Huron, SD
Huron, SD
77$192,112Est.Strong BuyView
Galesburg, IL
Galesburg, IL
77$119,882$8618.62%Strong BuyView
Fort Madison, IA
Fort Madison, IA
77$125,903Est.Strong BuyView
Quincy, IL
Quincy, IL
77$187,232$1,1977.67%Strong BuyView
Ponca City, OK
Ponca City, OK
77$114,874$8068.42%Strong BuyView
Current
Klamath Falls, OR
57$313,615$1,2684.85%Hold

The Bottom Line

HoldKlamath Falls, OR is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Klamath Falls, OR metro area scores 57/100, ranking #588 of 894 US metros (top 66%). The 4.85% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-913/mo
Cap Rate
3.2%
Cash-on-Cash
-17.5%

Ready to Invest in Klamath Falls, OR?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.