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Myrtle Creek

Learn about the people, housing, costs and businesses in Myrtle Creek, Oregon

Median Home$284,751
Median Rent$1,004/month
Population3,383
Leading IndustriesConstruction · Education · Agriculture & Mining8% construction
Home Value Growth⬆⬆+18.6% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners66% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Myrtle Creek
OR

Frequently Asked Questions

What are today's mortgage rates in Myrtle Creek?

As of today, the 30-year fixed mortgage rate for Myrtle Creek is approximately 6.884% (6.920% 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 Myrtle Creek?

The median home value in Myrtle Creek is $285k. The median monthly rent is $1,004. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Myrtle Creek?

Home values in Myrtle Creek have increased 18.6% 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 Myrtle Creek?

Based on a typical all-in ownership cost of $940/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Myrtle Creek is $63k/year.

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What industries drive the economy in Myrtle Creek?

The largest employment sectors in Myrtle Creek are public administration (19%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.