233 Old Fort Rd
233 Old Fort Rd,
Klamath Falls, OR 97601
2 Beds | $1,250
Rental Market Trends in Klamath Falls, OR
What is the average rent in Klamath Falls, OR?
$762/month
Average Rent
542 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
Klamath Falls, OR Rental Market Overview
The average rent in Klamath Falls, OR is $762 per month. This is 54% lower than the national average rent of $1,662/month, making renting in Klamath Falls more affordable than most cities in the US.
- Studio apartments in Klamath Falls average $666 per month.
- One-bedroom apartments in Klamath Falls average $762 per month.
- Two-bedroom apartments in Klamath Falls average $948 per month.
- Three-bedroom apartments in Klamath Falls average $905 or more per month.
Data Updated: July 1, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Klamath Falls, OR?
In the past year, rent has increased by 0.5%, which averages out to $5 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025
2026
Rent Ranges in Klamath Falls, OR
Last Updated July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
33%
Below $700/month
56%
$700 - $1,000/month
11%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Klamath Falls, OR?
Because the average rent in Klamath Falls is $762, you’ll want to make about $2,540 per month or $30,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Klamath Falls, OR is 1.8% higher than the national average. Generally, housing in Klamath Falls is 1.9% less expensive than the national average, with rent falling between $666 - $948. You can expect to pay 4.0% less for groceries, 5.7% more for utilities, and 19.9% more for transportation.
How does Klamath Falls, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Klamath Falls, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Apartment Communities in Klamath Falls We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Klamath Falls?
The average rent in Klamath Falls is $762 per month, which is 54.2% lower than the national average of $1,662.
What is the average rent for a house in Klamath Falls?
The average rent for a house in Klamath Falls, OR is $1,915 per month.
Are rents going up or down in Klamath Falls?
Rents in Klamath Falls, OR are increasing, with prices up 0.5% year-over-year and $5 more per month.
What rent range is most common in Klamath Falls?
In Klamath Falls, OR, 56% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.