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Rockaway Beach

Learn about the people, housing, costs and businesses in Rockaway Beach, Oregon

Median Home$369,769
Median Rent$1,110/month
Population1,535
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth+4.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners74% of occupied units
NotableHighly Educated36% bachelor's · 16% graduate · top 3% nationally
Rockaway Beach
OR

Frequently Asked Questions

What are today's mortgage rates in Rockaway Beach?

As of today, the 30-year fixed mortgage rate for Rockaway Beach is approximately 6.826% (6.860% 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 Rockaway Beach?

The median home value in Rockaway Beach is $370k. The median monthly rent is $1,110. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rockaway Beach?

Home values in Rockaway Beach have increased 4.6% 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 Rockaway Beach?

Based on a typical all-in ownership cost of $1,045/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rockaway Beach is $56k/year.

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What industries drive the economy in Rockaway Beach?

The largest employment sectors in Rockaway Beach are public administration (21%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.