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City · 6,254 residents · Jackson County, Oregon

Talent , Oregon

In Talent, a typical home is worth $405,300 and typical rent is $1,579 a month. Compared with all of Jackson County, typical rent is 16% higher, typical household income is 15% lower, and the share of households that own their home is 18 points lower.

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  • Typical home value

    $405,300

    6% below the county

    15% below Oregon

    • Talent
    • Jackson
    • Oregon

  • Typical rent

    $1,579a month

    16% above the county

    4% above Oregon

    • Talent
    • Jackson
    • Oregon

  • Typical household income

    $62,543a year

    15% below the county

    25% below Oregon

    • Talent
    • Jackson
    • Oregon

  • Households that own their home

    48%

    18 points below the county

    15 points below Oregon

    • Talent
    • Jackson
    • Oregon

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$433,503
2.1% more than 12 months ago
Typical rent
$1,921 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Talent is in Jackson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jackson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Talent apart

What this place has that others do not, from public data, most unusual first.

  1. 48% of households in Talent own their home, against 66% in Jackson County.

  2. Nearby, in White City, the typical home value is $302,400: 25% less than in Talent ($405,300).

  3. Nearby, in Eagle Point, the typical rent is $1,307: 17% less than in Talent ($1,579).

  4. The typical rent in Talent is $1,579 a month, 16% more than in Jackson County as a whole ($1,358).

  5. The typical household income in Talent is $62,543, 15% less than in Jackson County as a whole ($73,999).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Talent

What homes there are in Talent, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Talent, but it weighs less than in Jackson County: 58% against 65%.

Year built

Homes in Talent are newer: the typical year built is 1995; in Jackson County, 1985.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,736 a month

Jackson County: $1,935 a month

Without a mortgage

$593 a month

Jackson County: $624 a month

Owners with a mortgage

58%

Jackson County: 61%

Owning costs less in Talent: with a mortgage, the typical cost is $1,736 a month; in Jackson County, $1,935. Without one, $593.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Talent rose 86%; in Jackson County, it rose 54%.

Rents in Talent rose faster than in Jackson County: 70% since 2015–2019, against 37%.

The typical household income in Talent rose 55%: less than home values (+86%) and rent (+70%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureTalentJackson CountyOregonUnited States
Rental vacancy Unreliable estimate4.1%4.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.7%0.9%
More than one person per room Unreliable estimate3.0%3.2%3.4%
People per household 1.982.372.422.53
Drive alone 72%72%65%69%
Carpool Unreliable estimate9%9%9%
Public transit Unreliable estimate1%2%3%
Walk or bike Unreliable estimate4%5%3%
Work from home 13%13%19%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 1.98 on average, against 2.37 in Jackson County.

To get to work, 72% of workers in Talent drive alone; in Jackson County, 72%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Talent?

A typical home costs more than the typical income allows

We start with a typical home in Talent, worth $405,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 64% of the typical household income in Talent, which is $62,543 a year. For that payment to be 28% of income, a household would need to earn about $142,473 a year.

The calculator's FHA and conventional loan limits are those of all of Jackson County.

Your numbers

Local data
$

Starts at the typical home value in Talent. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $14,186 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,324

at 7.18% · 30 years

Loan amount
$397,958
Total interest
$572,569
Paid off in
November 2056

Includes $6,844 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,459 a month

  • Tight

    $1,459 to $1,876 a month

  • Hard

    more than $1,876 a month

    Your payment · 64%

Compared with the typical household income in Talent ($62,543 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,324
Principal & interest$2,696
Property tax$280
Home insurance$169
FHA mortgage insurance (MIP)$179

You need at least $14,186 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Talent and Jackson County

Talent is in Jackson County, Oregon. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Talent's own numbers

Typical home value
$405,300
Typical monthly rent
$1,579
Typical yearly household income
$62,543
Households that own their home
48%
Effective property tax rate
0.83%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Jackson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,539
Price change over 5 years (FHFA)
+32%
Homes in a high flood-risk zone
3.1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jackson County.

Everything about Jackson County

Buying

Buying a home in Talent

A typical home in Talent is worth $405,300: 6% below the county and 15% below Oregon. With the typical household income in Talent ($62,543 a year), a typical home costs 6.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Talent 6.5 years
  • Jackson 5.8 years
  • Oregon 5.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Jackson County

According to FHFA’s house price index, home prices in Jackson County rose 79% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Jackson County.

Period County Oregon U.S.
Last year (2025) +1.1% +0.9% +2.9%
5 years (2020–2025) +32% +35% +47%
10 years (2015–2025) +79% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Talent next to Jackson County, Oregon and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Talent $405,300
  • Jackson $430,200
  • Oregon $477,600
  • United States $332,700
Typical monthly rent
  • Talent $1,579
  • Jackson $1,358
  • Oregon $1,525
  • United States $1,413
Typical yearly household income
  • Talent $62,543
  • Jackson $73,999
  • Oregon $83,011
  • United States $80,734
See the full table
Talent next to Jackson County and Oregon
Measure Talent Jackson County Oregon U.S.
Typical home value $405,300 $430,200 $477,600 $332,700
Typical monthly rent $1,579 $1,358 $1,525 $1,413
Typical yearly household income $62,543 $73,999 $83,011 $80,734
Households that own their home 48% 66% 63% 65%
Typical yearly property tax $3,365 $3,174 $3,876 $3,119
Effective property tax rate 0.83% 0.74% 0.81% 0.94%
Renters with high rent for their income 57% 56% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jackson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Talent

For a typical $405,300 home in Talent, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Talent's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,324a month

    Least cash to close
    Down payment
    $14,186
    Cash to close
    $26,345
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $179

  • Conventional, 5% down $3,250a month

    Down payment
    $20,265
    Cash to close
    $32,424
    Rate
    7.18%
    Mortgage insurance
    PMI · $193

  • Conventional, 20% down, no PMI $2,646a month

    Down payment
    $81,060
    Cash to close
    $93,219
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,020a month

    Down payment
    $60,795
    Cash to close
    $72,954
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Talent and for Jackson County.

Property tax

Effective rate in Talent

0.83%of the home’s value each year

$3,365 a year for the typical owner in Talent.

  • Talent 0.83%
  • Jackson 0.74%
  • Oregon 0.81%

What Oregon publishes 3 percent cap on maximum assessed value (Measure 50) (Oregon Legislature (Oregon Revised Statutes))

Exemptions and deadlines in Oregon

Flood risk in Jackson County

FEMA does not publish these numbers by city: they are for all of Jackson County.

Homes in the high-risk zone
3.1%
2,809
Of those, with NFIP insurance
28%
County Oregon U.S.
Homes in the high-risk zone 3.1% 2.8% 3.5%
Of those, with NFIP insurance 28% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Talent

Typical rent in Talent is $1,579 a month: 16% above the county. In Talent, 57% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Jackson County, by unit size. To pay the 2-bedroom one ($1,539 a month) without spending more than 30% of your income, you would need to earn $29.60 an hour working full time.

HUD fair market rent for all of Jackson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,076 $20.69 $43,040
1 bedroom $1,243 $23.90 $49,720
2 bedrooms $1,539 $29.60 $61,560
3 bedrooms $2,131 $40.98 $85,240
4 bedrooms $2,543 $48.90 $101,720

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Talent

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Talent is in ZIP code 97540.

For 2 bedrooms it is $1,730: $191 more than the fair market rent for Jackson County ($1,539).

  • 97540 $1,730$2,400

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Talent when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Talent

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Jackson County; 1 says it serves in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Talent

No down payment, repair or rent-help program on our list is for Talent or Jackson County. The ones below are statewide in Oregon: they work in Talent the same as in the rest of the state.

Which programs do I qualify for? All programs in Oregon

  • OHCS Down Payment Assistance

    Statewide in Oregon

    Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median. Offered by Oregon Housing and Community Services (OHCS).

    GrantForgivable

    See the program Official page

  • FirstHome (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

  • NextStep (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

Housing counselors near Talent

The HUD-approved agencies closest to the center of Talent, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • CCCS of Southern Oregon

    820 Crater Lake Ave, Medford · 8 miles away

    • Reverse mortgage counseling
    (541) 779-2273

  • Access

    3630 Aviation Way, Medford · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (541) 779-6691

  • Neighborworks Umpqua

    605 SE Kane St, Roseburg · 73 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (541) 673-4909

Every agency in Jackson County All counseling agencies in Oregon

Help in Spanish near Talent

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Talent

HUD’s record names them for Talent or Jackson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Jackson County Section 8 vouchers (541) 779-5785

All housing agencies in Oregon Source: HUD

Cities

Other cities in Jackson County

These cities are also in Jackson County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Jackson County Housing in Oregon

Nearby cities

The cities closest to Talent, with the typical home value.

Neighboring counties

If Jackson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Talent.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Talent

Short answers with the numbers for Talent and all of Jackson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Talent?

The typical home value in Talent is $405,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jackson County it is $430,200.

How much does it cost to rent in Talent?

Typical rent in Talent is $1,579 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jackson County is $1,539.

What is the FHA loan limit in Talent?

Talent uses the FHA limit for all of Jackson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Talent?

The typical homeowner in Talent pays $3,365 a year, according to the U.S. Census Bureau. That is 0.83% of the home’s value; in Jackson County, the rate is 0.74%.

Where can I find free help to buy or rent in Talent?

There are 2 HUD-approved counseling agencies with an office in Jackson County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).