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Market MapOregonWallowa

Wallowa County

OregonPopulation: 7,439
47
/100
Hold
#611 of 1,000 counties
#16 in Oregon (36 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated January 1, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$433,289
Median Home Price
85% above national median
$25,728/mo
Est. Rent
Based on regional data
5.94%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
47/100
47
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
58/100

Based on 0.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
30/100

Price-to-income ratio of 7.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging
  • -Limited rent data (estimates used)

Economic Indicators

Population
7,439
Median Income
$62,238
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
7.0x
Less affordable

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)
  • −You rely on FHA-style financing: prices are stretched relative to local incomes

Compare to Nearby Counties

CountyVerdict
LinnOR
48$403,075$1,6474.90%HoldView
DouglasOR
48$338,442$1,3404.75%HoldView
CurrentWallowaOR
47$433,289Est. pending—Hold
WheelerOR
47$305,217Est. pending—HoldView
JacksonOR
46$425,440$1,7134.83%HoldView
PolkOR
45$470,528$1,7034.34%HoldView

The Bottom Line

HoldWallowa is a neutral market.

Wallowa County in Oregon scores 47/100, ranking #611 of 1,000 US counties (top 81%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Wallowa with stronger cash flow

  • Linn County for cash-flow rentals
  • Jackson County for cash-flow rentals
  • Douglas County for cash-flow rentals

Cheaper alternatives to Wallowa

  • Wheeler County, lower entry price
  • Douglas County, lower entry price
  • Linn County, lower entry price

Head-to-head comparisons

  • Wallowa vs Wheeler for rentals
  • Wallowa vs Jackson for rentals
  • Wallowa vs Linn for rentals
All counties in Oregon →

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