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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Bandon, OR Housing Affordability Index

Bandon, Oregon has an MBR Housing Affordability Index score of 62.6 (Significantly Less Affordable) as of October 30, 2026, ranking 264th most affordable of 267 scored Oregon cities, compared with 78.0 statewide and 97.4 nationally. On a median-priced $503,200 home with 20% down, the Oregon average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $2,755, or 69% of the city’s $48,187 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Bandon is updated every night from live Oregon mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Bandon MBR-HAI 62.6 Significantly Less Affordable
Rank in Oregon 264 of 267 1 = most affordable
Oregon 78.0 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.28% Oregon lenders
Median home value $503,200 U.S. Census Bureau

Bandon is 15.4 points below the Oregon score. Scores as of October 30, 2026. See the Oregon index

View Bandon Mortgage Rates

What It Takes to Buy in Bandon

$2,755/mo
Principal & Interest
Median home, 20% down, 7.28%
$118,100
Income Needed
To keep the payment at 28% of income
$48,187
Median Household Income
Oregon: $83,011
10.4x
Price-to-Income Ratio
Oregon: 5.8x
$1,121/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,221/yr
Median Property Tax
0.64% of median value
28.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
62.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Bandon, Oregon. The rate is the Oregon average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Bandon Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Bandon, Oregon score: 62.6 (Significantly Less Affordable), ranked 264 of 267 Oregon cities. monitorbankrates.com/housing-affordability-index/oregon/bandon”