Grants Pass, OR housing market
Typical home value
$398K
▼ 0.1% 1 yr
Typical rent
$1,594/mo
▲ 3.8% 1 yr
Gross rent yield
4.8%
U.S. 6.3%
5-year home value change
+3%
U.S. +20%
Key takeaways
- 1The typical home in Grants Pass is worth $397,758, down 0.1% over the past year and up 3% over five years.
- 2Typical rent is $1,594 a month (+3.8% YoY), a gross rent yield of 4.8% (below the Grants Pass, OR metro's 4.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,186/mo, $592 more than typical rent.
- 4Zillow forecasts the Grants Pass, OR metro's home values to change −0.1% over the next 12 months.
Market temperature (Grants Pass, OR metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 34/100, #383 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Grants Pass compares
| Measure | Grants Pass | Grants Pass, OR metro | United States |
|---|---|---|---|
| Typical home value | $397,758 | $388,435 | $366,157 |
| Home value, 1-yr change | −0.1% | −0.1% | +1.2% |
| Typical rent | $1,594 | $1,595 | $1,932 |
| Rent, 1-yr change | +3.8% | +3.5% | +2.7% |
| Gross rent yield | 4.8% | 4.9% | 6.3% |
| Price-to-rent ratio | 20.8 | 20.3 | 15.8 |
| Mortgage P&I, typical home | $2,186 | $2,135 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Grants Pass rental, pre-filled.
Rent vs buy in Grants Pass
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $398K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.