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Butte Falls

Learn about the people, housing, costs and businesses in Butte Falls, Oregon

Median Home$376,100
Median Rent$972/month
Population412
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade13% construction
Home Value Growth+2.6% over 2 years
Retirees31% of residentswell above average
Homeowners80% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Butte Falls
OR

Frequently Asked Questions

What are today's mortgage rates in Butte Falls?

As of today, the 30-year fixed mortgage rate for Butte Falls is approximately 6.886% (6.922% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Butte Falls?

The median home value in Butte Falls is $376k. The median monthly rent is $972. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Butte Falls?

Home values in Butte Falls have increased 2.6% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Butte Falls?

Based on a typical all-in ownership cost of $1,072/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Butte Falls is $61k/year.

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What industries drive the economy in Butte Falls?

The largest employment sectors in Butte Falls are public administration (21%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.