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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

Philomath, OR Housing Affordability Index

Philomath, Oregon has an MBR Housing Affordability Index score of 80.5 (Moderately Less Affordable) as of October 30, 2026, ranking 189th most affordable of 267 scored Oregon cities, compared with 78.0 statewide and 97.4 nationally. On a median-priced $421,300 home with 20% down, the Oregon average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $2,307, or 33% of the city’s $83,672 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Philomath 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.

Philomath MBR-HAI 80.5 Moderately Less Affordable
Rank in Oregon 189 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 $421,300 U.S. Census Bureau

Philomath is 2.6 points above the Oregon score. Scores as of October 30, 2026. See the Oregon index

View Philomath Mortgage Rates

What It Takes to Buy in Philomath

$2,307/mo
Principal & Interest
Median home, 20% down, 7.28%
$98,900
Income Needed
To keep the payment at 28% of income
$83,672
Median Household Income
Oregon: $83,011
5.0x
Price-to-Income Ratio
Oregon: 5.8x
$1,639/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,186/yr
Median Property Tax
0.99% of median value
37.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
49.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Philomath Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Philomath, Oregon score: 80.5 (Moderately Less Affordable), ranked 189 of 267 Oregon cities. monitorbankrates.com/housing-affordability-index/oregon/philomath”