MonitorBankRates
☰
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

Cannon Beach, OR Housing Affordability Index

Cannon Beach, Oregon has an MBR Housing Affordability Index score of 59.6 (Significantly Less Affordable) as of October 30, 2026, ranking 265th most affordable of 267 scored Oregon cities, compared with 78.0 statewide and 97.4 nationally. On a median-priced $823,200 home with 20% down, the Oregon average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $4,507, or 78% of the city’s $69,375 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Cannon Beach 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.

Cannon Beach MBR-HAI 59.6 Significantly Less Affordable
Rank in Oregon 265 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 $823,200 U.S. Census Bureau

Cannon Beach is 18.4 points below the Oregon score. Scores as of October 30, 2026. See the Oregon index

View Cannon Beach Mortgage Rates

What It Takes to Buy in Cannon Beach

$4,507/mo
Principal & Interest
Median home, 20% down, 7.28%
$193,200
Income Needed
To keep the payment at 28% of income
$69,375
Median Household Income
Oregon: $83,011
11.9x
Price-to-Income Ratio
Oregon: 5.8x
$1,417/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,769/yr
Median Property Tax
0.58% of median value
37.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
44.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Cannon Beach Ranks in Oregon

Cities with similar scores
#262Durham65.3 #263Seaside62.9 #264Bandon62.6
#265Cannon Beach59.6
#266Kerby57.9 #267Wedderburn52.6
Powered byMonitorBankRates

Cite the Cannon Beach Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Cannon Beach, Oregon score: 59.6 (Significantly Less Affordable), ranked 265 of 267 Oregon cities. monitorbankrates.com/housing-affordability-index/oregon/cannon-beach”