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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

Vale, OR Housing Affordability Index

Vale, Oregon has an MBR Housing Affordability Index score of 116.0 (More Affordable Than Average) as of October 30, 2026, ranking 47th most affordable of 267 scored Oregon cities, compared with 78.0 statewide and 97.4 nationally. On a median-priced $173,300 home with 20% down, the Oregon average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $949, or 23% of the city’s $50,313 median household income.

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

Vale MBR-HAI 116.0 More Affordable Than Average
Rank in Oregon 47 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 $173,300 U.S. Census Bureau

Vale is 38.0 points above the Oregon score. Scores as of October 30, 2026. See the Oregon index

View Vale Mortgage Rates

What It Takes to Buy in Vale

$949/mo
Principal & Interest
Median home, 20% down, 7.28%
$40,700
Income Needed
To keep the payment at 28% of income
$50,313
Median Household Income
Oregon: $83,011
3.4x
Price-to-Income Ratio
Oregon: 5.8x
$666/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,467/yr
Median Property Tax
0.85% of median value
27.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
43.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Vale Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Vale, Oregon score: 116.0 (More Affordable Than Average), ranked 47 of 267 Oregon cities. monitorbankrates.com/housing-affordability-index/oregon/vale”