Rent in Klamath Falls, OR
Across Klamath Falls's 3 ZIP codes, a 2-bedroom typically rents for about $993 a month, with figures from $987–$1,134. The highest typical rent is in 97602 ($1,134) and the lowest in 97603 ($987). 2 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Klamath County pay about 0.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $711 | $702–$790 | 3 |
| 1 bed | $770 | $767–$888 | 3 |
| 2 beds | $993 | $987–$1,134 | 3 |
| 3 beds | $1,474 | $1,447–$1,570 | 3 |
| 4 beds | $1,895 | $1,699–$1,895 | 3 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Klamath Falls ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Klamath Falls, OR?
- About $993 a month: the median of the typical rents in 3 ZIP codes, which range from $987–$1,134. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Klamath Falls, OR?
- About $770 a month: the median of the typical rents in 3 ZIP codes, which range from $767–$888. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Klamath Falls, OR?
- About $1,474 a month: the median of the typical rents in 3 ZIP codes, which range from $1,447–$1,570. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Klamath Falls, OR?
- About $711 a month: the median of the typical rents in 3 ZIP codes, which range from $702–$790. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Klamath Falls, OR?
- About $1,895 a month: the median of the typical rents in 3 ZIP codes, which range from $1,699–$1,895. Figures are gross rent (rent plus tenant-paid utilities).
- Which Klamath Falls ZIP code has the highest rent?
- For a 2-bedroom, 97602 has the highest typical rent at $1,134 a month, and 97603 the lowest at $987.
- What is the property tax rate in Klamath Falls, OR?
- Owner-occupied homes in Klamath County pay a typical 0.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Klamath Falls rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).