Home values, rents and more in Klamath Falls, OR
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How Klamath Falls compares
The typical home in Klamath Falls, OR is worth about $302,000, according to the Zillow Home Value Index for September 2026. Home values in Klamath Falls are about the same as the typical value in the Klamath Falls metro area ($303,000) and 17% below the U.S. typical value ($366,000).
Over the past year, home values in Klamath Falls fell 0.2%, compared with −0.1% in the Klamath Falls metro area and +1.2% nationally.
Typical rent is $1,303 a month (Zillow Observed Rent Index), about the same as the Klamath Falls metro area ($1,295) and 33% below the U.S. ($1,932). Rents rose 0.3% over the past year.
The median household income is $46,693, against $58,830 in the Klamath Falls metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 22,115 people live in Klamath Falls (American Community Survey 2020–24).
Klamath Falls has the 3rd-highest typical home value of the 11 cities in the Klamath Falls metro area and the 38th-lowest of 252 in Oregon with Zillow figures.
Part of: Klamath County, OR · Klamath Falls metro area · Oregon
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Klamath Falls, OR
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.