Real Estate Investing in Klamath, Oregon

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

6 ZIP codes • Population: 1,463

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice β€” stable market with a reasonable entry point and good rental backup if you ever need to move.

πŸ“ˆ For Investors
WEAK
2.5 / 5 (40/100)

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: 66.5% of homes vacant β€” above national norms.
  • Lower household income: $39,427 median β€” tenant affordability is tighter.

What’s happening in Klamath County, OR?

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2.5/ 5

Investability

County-wide average

3.0/ 5

Appreciation

4.1% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $106,110
Avg Monthly Rent $1,067
ZIP Codes 6

Investing in Klamath County Real Estate

Klamath County is one of those Oregon regions where numbers warn before they reward. 6 cities, 1,463 residents, and a rating that reflects material risk.

A 2.5 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Klamath County sits firmly in that category.

Population dynamics in Klamath haven't been supportive. better suited elsewhere for combined with subdued income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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

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Avg Home Value
$106,110
Avg Monthly Rent
$1,067
1% Rule
βœ“ Passes
Landlord Friendly (OR)
β˜…β˜…β˜…β˜…β˜†

Cities in Klamath County

ZIP Codes in Klamath County, OR

Screen every market in Klamath County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Klamath County

Are rents high in, OR?

Average rent in, OR is approximately $1,067/mo per month. Against $106K home values that yields a reasonable rent-to-price ratio.

Are renters plentiful in, OR?

The tenant pool in, OR is solid, supported by local employment and population fundamentals. Rents of $1,067/mo are well-absorbed by the market.

What is the smart move for investors in, OR?

Investors usually favor careful cash-flow rentals with hands-on management in, OR. With home values at $106K and rents near $1,067/mo, other strategies can work but produce steady rather than outsized returns.

How high is vacancy risk in, OR?

, OR sees elevated vacancy, which is reasonable relative to the broader OR rental market.

Community Ratings

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