La Grande, OR Metro Area - Investment Guide
Metro Area • 7 Cities • 7 ZIP Codes
Avg Home Value
$394,712
Avg Monthly Rent
$1,173
Avg Cap Rate
2.44%
Avg Investability
2.9 ★
Cities
7
ZIP Codes
7
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.95%
as of Sep 17
Source: Freddie Mac PMMS
☀️
WARM MARKET
La Grande, OR Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in La Grande, OR
Every ZIP in the metro, ranked four ways. Free.
Cities in La Grande, OR
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 97850 | La Grande | OR | $332,737 | $1,354 | 3.17% | |
| 97857 | Lostine | OR | $475,769 | $1,152 | 1.89% | |
| 97867 | North Powder | OR | $281,368 | $891 | 2.47% | |
| 97824 | Cove | OR | $466,601 | $1,350 | 2.26% | |
| 97827 | Elgin | OR | $264,473 | $1,125 | 3.32% | |
| 97850 | La Grande | OR | $318,932 | $1,098 | 2.69% | |
| 97883 | Union | OR | $307,585 | $1,062 | 2.69% | |
| 97857 | Lostine | OR | $452,489 | $1,152 | 1.99% | |
| 97867 | North Powder | OR | $273,294 | $891 | 2.54% | |
| 97824 | Cove | OR | $488,382 | $1,350 | 2.16% | |
| 97827 | Elgin | OR | $272,617 | $1,125 | 3.22% | |
| 97883 | Union | OR | $293,608 | $1,062 | 2.82% | |
| 97850 | La Grande | OR | $330,663 | $1,247 | 2.94% | |
| 97857 | Lostine | OR | $468,960 | $1,152 | 1.92% | |
| 97867 | North Powder | OR | $279,133 | $891 | 2.49% | |
| 97824 | Cove | OR | $466,601 | $1,350 | 2.26% | |
| 97827 | Elgin | OR | $264,473 | $1,125 | 3.32% | |
| 97850 | La Grande | OR | $318,932 | $1,098 | 2.69% | |
| 97883 | Union | OR | $304,022 | $1,062 | 2.72% | |
| 97857 | Lostine | OR | $452,489 | $1,152 | 1.99% | |
| 97867 | North Powder | OR | $273,294 | $891 | 2.54% | |
| 97824 | Cove | OR | $479,282 | $1,350 | 2.20% | |
| 97827 | Elgin | OR | $268,002 | $1,125 | 3.27% | |
| 97883 | Union | OR | $293,608 | $1,062 | 2.82% | |
| 97850 | La Grande | OR | $326,154 | $1,211 | 2.90% | |
| 97857 | Lostine | OR | $456,340 | $1,152 | 1.97% | |
| 97867 | North Powder | OR | $270,170 | $891 | 2.57% | |
| 97824 | Cove | OR | $501,760 | $1,350 | 2.10% | |
| 97827 | Elgin | OR | $277,010 | $1,125 | 3.17% | |
| 97883 | Union | OR | $298,397 | $1,062 | 2.78% | |
| 97850 | La Grande | OR | $333,073 | $1,287 | 3.01% | |
| 97857 | Lostine | OR | $477,461 | $1,152 | 1.88% | |
| 97824 | Cove | OR | $463,868 | $1,350 | 2.27% | |
| 97867 | North Powder | OR | $285,305 | $891 | 2.44% | |
| 97827 | Elgin | OR | $260,813 | $1,125 | 3.36% | |
| 97850 | La Grande | OR | $316,167 | $1,215 | 3.00% | |
| 97883 | Union | OR | $305,232 | $1,062 | 2.71% | |
| 97857 | Lostine | OR | $455,549 | $1,152 | 1.97% | |
| 97867 | North Powder | OR | $262,878 | $891 | 2.64% | |
| 97824 | Cove | OR | $500,622 | $1,350 | 2.10% | |
| 97827 | Elgin | OR | $274,183 | $1,125 | 3.20% | |
| 97883 | Union | OR | $289,359 | $1,062 | 2.86% | |
| 97876 | Summerville | OR | $579,833 | $1,341 | 1.80% | |
| 97876 | Summerville | OR | $555,845 | $1,341 | 1.88% | |
| 97876 | Summerville | OR | $573,350 | $1,341 | 1.82% | |
| 97876 | Summerville | OR | $555,845 | $1,341 | 1.88% | |
| 97876 | Summerville | OR | $563,145 | $1,341 | 1.86% | |
| 97876 | Summerville | OR | $583,146 | $1,341 | 1.79% | |
| 97876 | Summerville | OR | $545,248 | $1,341 | 1.92% |
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About La Grande, OR Real Estate Market
The La Grande, OR metropolitan statistical area (MSA) encompasses 7 cities and 7 ZIP codes. The average home value across the metro is $394,712, with an average monthly rent of $1,173. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.