Photo: Brian Burger ("WireLizard") · CC BY 2.0Measured against area pay, North Bend costs more to live in than 82% of U.S. towns
It ranks #55 of 142 in Oregon for affordability. Down 1.7% in a year, 27% below the Oregon typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Coos Bay-North Bend, OR micro area ($62K). How TownRatings grades cost of living
The grade compares costs with what households across the Coos Bay-area micro earn ($62K, Census 2020–24). Even so, the typical home costs 5.7 years of area income, and 50% of renters pay 30% or more of income for housing.
In dollars
- $359Ktypical home, 27% below the Oregon typical homeZillow, September 2026
- $1,300a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 5.7 yrsof area income buys the typical home; the typical U.S. town: 3.3$62K, Coos Bay-area income
- 21%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 50%of renters pay 30%+ of income for housing; across Oregon: 53%Census 2020–24
- 18%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in North Bend
What’s behind North Bend’s grade
Measured against what households in the area earn, North Bend is more affordable than 18% of U.S. towns, #55 of 142 in Oregon. Home prices pull the grade down most; the share of households paying 30%+ for housing holds it up.
Prices here have kept pace with Oregon: up 11.9% in five years, against 7.1% statewide (Zillow).
Up 11.9% in five years
Faster than Oregon (7.1%).
Show as a table
| January | North Bend | Oregon |
|---|---|---|
| 2017 | $209,000 | $310,000 |
| 2018 | $220,000 | $334,000 |
| 2019 | $235,000 | $352,000 |
| 2020 | $251,000 | $367,000 |
| 2021 | $281,000 | $408,000 |
| 2022 | $332,000 | $476,000 |
| 2023 | $357,000 | $487,000 |
| 2024 | $369,000 | $491,000 |
| 2025 | $371,000 | $500,000 |
| 2026 | $362,000 | $496,000 |
| September 2026 | $359,000 | $493,000 |
A typical North Bend home worth $205K in October 2016 is worth about $359K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
Too few sales to read the market
Only 14 homes sold in May 2026, the latest month in Redfin’s figures: too few to describe the market or quote a median sale price.
A typical home costs 5.7 years of area income
The calculator starts from the area income the grade uses. Switch to North Bend’s own median, or type yours.
That’s $112K short of a typical North Bend home.
A two-bedroom rents for about $1,300 a month here, $810 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, North Bend’s typical property tax (0.74% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,300
Renters already here pay a median of $1,066, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Coos County, OR): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
18 new homes permitted in 2025
Builders were permitted 18 new homes in North Bend in 2025: 10 single-family houses and 8 in buildings with two or more homes, worth about $3.8 million to build. That's 1.8 per 1,000 residents, slower than across Oregon (3.8). Over the past 10 years, North Bend has permitted 166 homes in all.
Between the 2010 and 2020 censuses, North Bend gained 622 residents while 119 new homes were permitted: about 5.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Oregon: 2.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 2 | 2 | $859,000 |
| 2025 | 18 | 10 | 8 | $3.8 million |
| 2024 | 12 | 10 | 2 | $2.3 million |
| 2023 | 14 | 10 | 4 | $3.2 million |
| 2022 | 10 | 8 | 2 | $2.6 million |
| 2021 | 22 | 22 | 0 | $3.7 million |
| 2020 | 20 | 20 | 0 | $5.8 million |
| 2019 | 9 | 9 | 0 | $2.1 million |
| 2018 | 28 | 17 | 11 | $6 million |
| 2017 | 13 | 13 | 0 | $3.4 million |
| 2016 | 20 | 20 | 0 | $4.7 million |
| 2015 | 11 | 11 | 0 | $2.5 million |
| 2014 | 14 | 14 | 0 | $3.1 million |
| 2013 | 7 | 7 | 0 | $1.5 million |
| 2012 | 8 | 8 | 0 | $1.7 million |
| 2011 | 2 | 2 | 0 | $486,000 |
| 2010 | 7 | 7 | 0 | $1.5 million |
| 2009 | 3 | 3 | 0 | $553,000 |
| 2008 | 6 | 6 | 0 | $505,000 |
| 2007 | 41 | 19 | 22 | $4.8 million |
| 2006 | 39 | 21 | 18 | $4.5 million |
| 2005 | 28 | 26 | 2 | $4.8 million |
| 2004 | 23 | 21 | 2 | $4 million |
| 2003 | 16 | 14 | 2 | $2.3 million |
| 2002 | 20 | 18 | 2 | $3.1 million |
| 2001 | 9 | 9 | 0 | $1.1 million |
| 2000 | 23 | 23 | 0 | $2.3 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Oregon norm
The median bill is $2,603 (Oregon: $3,876), 0.74% of a home’s value a year, against 0.81% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
North Bend vs. its neighbors
Of the 2 towns here with a Zillow value, North Bend has the 2nd-lowest.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| North Bend | C− | $359K | $352K | 0.74% | $1,300 |
| Coos Bay | C− | $325K | $307K | 0.76% | $1,210 |
Questions about the cost of living in North Bend
Is North Bend expensive to live in?
Measured against what households in the area earn, North Bend costs more than 82% of U.S. towns: a C− for cost of living, #55 of 142 in Oregon. The typical home costs 5.7 years of the median household income of the Coos Bay-North Bend, OR micro area ($62K).
How much does a house cost in North Bend?
About $359K, Zillow’s typical value for September 2026, down 1.7% in a year. The Oregon typical home is $493K.
What salary do you need to live in North Bend?
To buy the typical home with 20% down at 6.3%, about $90,000 a year, keeping the payment (about $2,110 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $52,000.
How much is rent in North Bend?
HUD puts a two-bedroom at about $1,300 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,066 (Census 2020–24).
What are property taxes in North Bend?
The median bill is $2,603 a year, 0.74% of the median home value (Oregon: $3,876, 0.81%), from the Census 2020–24.
Are home prices in North Bend going up?
No: down 1.7% in the past year and 11.9% in five years, against 7.1% across Oregon (Zillow).
Neighbors talk housing
What North Bend buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.