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Marlene

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

Median Home$550,862
Median Rent$1,824/month
Population5,277
Leading IndustriesRetail · Professional Services · Arts, Food & Hospitality20% retail
Home Value Growth+4.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners62% of occupied units
NotableAmenity Score78/100 · highly walkable area
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Marlene Village
OR

Frequently Asked Questions

What are today's mortgage rates in Marlene?

As of today, the 30-year fixed mortgage rate for Marlene is approximately 6.873% (6.908% 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 Marlene?

The median home value in Marlene is $551k. The median monthly rent is $1,824. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marlene?

Home values in Marlene have increased 4.0% over the past two years. This represents moderate growth. 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 Marlene?

Based on a typical all-in ownership cost of $1,831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marlene is $95k/year.

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What industries drive the economy in Marlene?

The largest employment sectors in Marlene are retail (20%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.