Most Affordable ZIP Codes in La Grande, OR (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 97827 | Elgin, OR | $277,010 | $1,125 | 3.17% | 7.2% |
| 2 | 97867 | North Powder, OR | $285,305 | $891 | 2.44% | 7.2% |
| 3 | 97883 | Union, OR | $305,232 | $1,062 | 2.71% | 6.3% |
| 4 | 97850 | La Grande, OR | $333,073 | $1,287 | 3.01% | 5.9% |
| 5 | 97857 | Lostine, OR | $477,461 | $1,152 | 1.88% | 5.7% |
| 6 | 97824 | Cove, OR | $501,760 | $1,350 | 2.10% | 6.6% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in La Grande, OR · Appreciation in La Grande, OR
Or see the full La Grande, OR metro profile.