Rent in Lake County, OR at a glance
2-bedroom rent (HUD)
$1,150$13,800 a year · HUD fiscal year 2026From October 1, 2026: $1,062 (−7.7%)How much rent can you afford in Lake County, OR?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Lake County, OR by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $793 | $9,516 | $31,720 | $15.25/hr |
| 1 bedroom | $929 | $11,148 | $37,160 | $17.87/hr |
| 2 bedroomsMost searched | $1,150 | $13,800 | $46,000 | $22.12/hr |
| 3 bedrooms | $1,599 | $19,188 | $63,960 | $30.75/hr |
| 4 bedrooms | $1,929 | $23,148 | $77,160 | $37.10/hr |
Cost of living in Lake County, OR: income, prices and a budget →
Living and working in Lake County, OR
Rent in Lake County, OR: common questions
How much is rent going down in Lake County, OR in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,062 for a two-bedroom, down 7.7% from $1,150. A one-bedroom goes from $929 to $887, a studio from $793 to $740.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Lake County, OR?
HUD's Fair Market Rent for 2026 is $929 for a one-bedroom and $1,150 for a two-bedroom, utilities included. That is $13,800 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Lake County, OR?
To keep a $1,150 two-bedroom at 30% of gross pay, one full-time worker needs $22.12 an hour, or $46,000 a year. A one-bedroom at $929 takes $17.87 an hour.
How much is a 1, 2 or 3-bedroom apartment in Lake County, OR?
At HUD's 2026 Fair Market Rent: studio $793, one bedroom $929, two $1,150, three $1,599 and four $1,929 a month.
Is rent affordable in Lake County, OR?
For the typical household, earning $62,787 a year ($5,232 a month, Census ACS), a two-bedroom at $1,150 takes 22% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,150 × 12) ÷ 0.30 = $46,000. Divided by 2,080 working hours, that is $22.12 an hour.