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

Coos Bay, OR Housing Affordability Index

Coos Bay, Oregon has an MBR Housing Affordability Index score of 82.9 (Moderately Less Affordable) as of October 30, 2026, ranking 173rd most affordable of 267 scored Oregon cities, compared with 78.0 statewide and 97.4 nationally. On a median-priced $306,900 home with 20% down, the Oregon average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $1,680, or 36% of the city’s $56,524 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Coos Bay 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.

Coos Bay MBR-HAI 82.9 Moderately Less Affordable
Rank in Oregon 173 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 $306,900 U.S. Census Bureau

Coos Bay is 4.9 points above the Oregon score. Scores as of October 30, 2026. See the Oregon index

View Coos Bay Mortgage Rates

See What You Can Afford in Coos Bay, Oregon

Use this Coos Bay, Oregon home affordability calculator to see how much house you can afford at today’s Oregon average 30-year mortgage rate of 7.28%. A household earning the Coos Bay median income of $56,524, with no other debts and $61,000 down, can afford a home of about $219,278, compared with a median home value of $306,900. Buying the median priced home with 20% down takes a household income of about $86,100 once property tax and insurance are counted.

Coos Bay median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Oregon average, 30-year fixed
Coos Bay median bill (Census)
Estimate; use your quote
You can afford a home up to
$219,278
Below the Coos Bay median home value of $306,900
Loan amount$158,278
Principal & interest$1,083/mo
Property tax$144/mo
Home insurance$91/mo
PMI$0/mo
Total monthly payment$1,319/mo
Compare Coos Bay Mortgage Rates

How much house can you afford in Coos Bay?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Coos Bay, property taxes run about 0.79% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $3,338 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Coos Bay

$1,680/mo
Principal & Interest
Median home, 20% down, 7.28%
$72,000
Income Needed
To keep principal and interest at 28% of income
$56,524
Median Household Income
Oregon: $83,011
5.4x
Price-to-Income Ratio
Oregon: 5.8x
$1,215/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,430/yr
Median Property Tax
0.79% of median value
26.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
53.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Coos Bay Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Coos Bay, Oregon score: 82.9 (Moderately Less Affordable), ranked 173 of 267 Oregon cities. monitorbankrates.com/housing-affordability-index/oregon/coos-bay”