Real Estate Investing in Keno, Oregon

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 445 • Klamath County

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Should you buy in Keno, OR? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 23.4% of homes vacant — above national norms.
  • Elevated poverty: 30.4% poverty rate — can affect rent collection.

What’s happening in Keno, OR?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.5% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $354,827
Avg Monthly Rent $1,035
ZIP Codes 1

Investing in Keno Real Estate

Keno in Oregon is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Investors considering Keno, OR should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Transaction volume in Keno has thinned in a way that amplifies price discovery risk. On balance, investors without local context should treat every number on the page with skepticism.

Keno's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

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Best ZIP codes in Klamath Falls, OR

Keno is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Keno, OR. Anonymous, moderated, never written by AI.

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Avg Home Value
$354,827
Avg Monthly Rent
$1,035
1% Rule
✗ Below
Landlord Friendly (OR)

📉 Market Crash Risk Index

Based on Klamath Falls, OR metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Klamath Falls, OR metro
0
Days to pending
8.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Keno, OR

Screen every ZIP in Keno

Filter Keno’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Keno, OR

Are renters plentiful in Keno, OR?

Expect a solid tenant pool in Keno, OR. The rental market absorbs $1,035/mo rents without meaningful friction.

What is the typical vacancy rate in Keno, OR?

Expect elevated vacancy in Keno, OR. Rents at $1,035/mo are absorbed by the tenant base without meaningful lag.

Can owner-occupants cash flow in Keno, OR?

The house hack math a challenging in Keno, OR. Owner-occupant buyers benefit from the $1,035/mo rents and $355K home values.

What is the typical rental rate in Keno, OR?

Expect rents around $1,035/mo per month in Keno, OR. With home values at $355K, the yield math works out to reasonable levels for rental investors.

Are landlord laws favorable in Keno, OR?

Keno, OR falls under OR landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

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