Key Economic Benchmarks
Median Household Income
$59,646$4,971 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Grants Pass, OR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Grants Pass, OR
Official FY2026 HUD Fair Market Rents for Grants Pass, OR MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $940 | $11,280 | $37,600 | 18.9% |
| 1-Bedroom Apartment | $1,039 | $12,468 | $41,560 | 20.9% |
| 2-Bedroom ApartmentBenchmark | $1,363 | $16,356 | $54,520 | 27.4% |
| 3-Bedroom Home | $1,896 | $22,752 | $75,840 | 38.1% |
| 4-Bedroom Home | $2,014 | $24,168 | $80,560 | 40.5% |
50/30/20 Living Budget in Grants Pass, OR
Based on the local median household income of $59,646/year ($4,971/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Oregon
Explore net income after federal income tax, FICA, and Oregon state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Oregon with official federal datasets:
Frequently Asked Questions About Living in Grants Pass, OR
What is the median household income in Grants Pass, OR?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Grants Pass, OR is $59,646 per year (approximately $4,971 per month).
What is the average rent in Grants Pass, OR?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Grants Pass, OR are $940 for a studio, $1,039 for 1 bedroom, $1,363 for 2 bedrooms, $1,896 for 3 bedrooms, and $2,014 for 4 bedrooms.
How does the cost of living in Grants Pass, OR compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Grants Pass, OR is 97.8 (2.2% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Grants Pass, OR?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,363/month) in Grants Pass, OR requires a minimum gross household income of $54,520 per year ($4,543 per month).
What is a balanced 50/30/20 monthly budget in Grants Pass, OR?
For a typical household earning the median income of $59,646/year ($4,971/month) in Grants Pass, OR, a balanced 50/30/20 budget allocates $2,485/month to essential needs (rent, utilities, groceries), $1,491/month to discretionary spending, and $994/month to savings and debt repayment.
What are typical electricity and utility costs in Grants Pass, OR?
Residential electricity rates in Oregon average 16.3¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $147 per month.