Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Ontario

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

Median Home$238,667
Median Rent$723/month
Population11,488
Leading IndustriesRetail · Construction · Transportation16% retail
Home Value Growth+4.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners57% of occupied units
NotableAmenity Score81/100 · highly walkable area
NotableTransit87/100 · excellent transit access
Ontario
OR

Frequently Asked Questions

What are today's mortgage rates in Ontario?

As of today, the 30-year fixed mortgage rate for Ontario is approximately 6.892% (6.928% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Ontario
What is the median home price in Ontario?

The median home value in Ontario is $239k. The median monthly rent is $723. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ontario?

Home values in Ontario have increased 4.3% 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 Ontario?

Based on a typical all-in ownership cost of $875/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ontario is $46k/year.

Calculate your buying power
What industries drive the economy in Ontario?

The largest employment sectors in Ontario are public administration (18%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.