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Crescent

Learn about the people, housing, costs and businesses in Crescent, Oregon

Median Home$320,200
Median Rent$876/month
Population411
Leading IndustriesManufacturing · Professional Services · Arts, Food & Hospitality1% manufacturing
Home Value Growth⬆⬆+19.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners93% of occupied units
NotableTransit84/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Crescent
OR

Frequently Asked Questions

What are today's mortgage rates in Crescent?

As of today, the 30-year fixed mortgage rate for Crescent is approximately 6.860% (6.895% 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 Crescent?

The median home value in Crescent is $320k. The median monthly rent is $876. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crescent?

Home values in Crescent have increased 19.2% over the past two years. This indicates a strong appreciation trend. 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 Crescent?

Based on a typical all-in ownership cost of $704/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crescent is $58k/year.

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What industries drive the economy in Crescent?

The largest employment sectors in Crescent are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.