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Deschutes River Woods

Learn about the people, housing, costs and businesses in Deschutes River Woods, Oregon

Median Home$596,652
Median Rent$1,783/month
Population5,696
Leading IndustriesEducation · Healthcare · Wholesale Trade3% education
Home Value Growth-1.7% over 2 years
Young Adults26% of residents
Homeowners78% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Deschutes River Woods
OR

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Deschutes River Woods?

As of today, the 30-year fixed mortgage rate for Deschutes River Woods is approximately 6.827% (6.861% 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 Deschutes River Woods?

The median home value in Deschutes River Woods is $597k. The median monthly rent is $1,783. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Deschutes River Woods?

Home values in Deschutes River Woods have decreased 1.7% over the past two years. Buyers may find more negotiating room in this market. 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 Deschutes River Woods?

Based on a typical all-in ownership cost of $1,611/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Deschutes River Woods is $94k/year.

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What industries drive the economy in Deschutes River Woods?

The largest employment sectors in Deschutes River Woods are public administration (18%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.