10 Best Lakes in Oregon to Live on in 2024

Estimated read time 28 min read

Oregon, a Pacific Northwest gem, is home to iconic natural landmarks like Mount Hood, the Three Sisters, Crater Lake, the Columbia River Gorge, Haystack Rock, and the Deschutes National Forest. With Oregon’s many natural wonders, it’s no surprise it has some amazing lake towns to call home. 

At Redfin, we’ve collected a list of some of the best lakes in Oregon to live on this year. From the majestic Crater Lake to the peaceful shores of Trillium Lake, there’s a guaranteed charming lake town in Oregon that’s right for you.

1. Crater Lake and Upper Klamath Lake (Klamath Falls)

Nearest city: Klamath Falls, OR 
Median home sale price: $273,000 
Population: 21,000
Homes for sale in Klamath Falls
Apartments for rent in Klamath Falls

Crater Lake and Upper Klamath Lake top our list of lakes in Oregon to live on. Crater Lake is an iconic volcanic crater lake, with its deep blue waters. While there aren’t any homes surrounding this lake, you can find plenty in the nearby city of Klamath Falls. In Klamath Falls, you’ll find the second lake, Upper Klamath Lake. This lake has plenty of opportunities for kayaking, fishing, and bird watching, especially at the nearby Klamath Basin Birding Trail. Klamath Falls has about 21,000 residents and is a gateway to outdoor adventures, like Moore Park, Hogback Mountain, and the Upper Klamath National Wildlife Refuge.

2. Detroit Lake (Detroit)

Nearest city: Detroit, OR 
Median home sale price: $400,000 
Population: 220 
Homes for sale in Detroit
Apartments for rent in Detroit

Detroit Lake, located near the quaint city of Detroit, is a gem for those seeking a peaceful lakeside lifestyle. This reservoir is a popular destination for boating, fishing, and camping, offering a plethora of outdoor activities for all ages. The surrounding area is dotted with cozy cabins and waterfront properties, making it an ideal spot for a vacation home or a permanent residence. Despite its small population, Detroit has a welcoming feeling. The lake’s proximity to the Willamette National Forest also provides endless outdoor opportunities, from hiking trails to scenic viewpoints.

3. Diamond Lake (Diamond Lake)

Nearest city: Diamond Lake, OR 
Population: 300
Apartments for rent in Diamond Lake

Diamond Lake is a hidden treasure located in the heart of Oregon, offering pristine waters and lush surroundings. This area is a paradise for anglers and hikers, as the lake is surrounded by miles of trails. Make sure to hike the picturesque trails at Mount Bailey and Mount Thielsen. The community of Diamond Lake is small but vibrant, with local dining options and lodging that cater to outdoor enthusiasts. Its remote location makes it a perfect getaway for those looking to escape the hustle and bustle of city life and immerse themselves in the lakeside lifestyle.

fern ridge lake in oregon with sailboats
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4. Fern Ridge Lake (Elmira)

Nearest city: Elmira, OR 
Median home sale price: $375,000 
Population: 27,000
Homes for sale in Elmira
Apartments for rent in Elmira

Fern Ridge Lake, with its expansive waters and lush surroundings, is great for sailing, kayaking, and wildlife observation. Located near Elmira, a city known for its welcoming community and scenic beauty, the lake offers a perfect blend of recreational activities and calming landscapes. The nearby Fern Ridge Wildlife Area is a must-visit for bird enthusiasts, providing a habitat for a diverse array of bird species. Elmira’s proximity to the lake allows residents and visitors to enjoy the best of both worlds – peaceful lakefront living and the conveniences of city amenities. Whether you’re looking to engage in watersports or simply relax by the water, Fern Ridge Lake offers an idyllic setting.

5. Foster Lake (Sweet Home)

Nearest city: Sweet Home, OR 
Median home sale price: $371,500 
Average 1-bedroom rent: $1,195 
Population: 9,000
Homes for sale in Sweet Home 
Apartments for rent in Sweet Home

Foster Lake, situated near the charming city of Sweet Home, is a picturesque destination known for its clear waters and recreational opportunities. This lake is a hotspot for boating, fishing, and swimming, making it a popular choice for families and outdoor enthusiasts. The surrounding area is rich in natural beauty, with the South Santiam River and Cascadia State Park nearby, offering additional options for hiking and exploring. Sweet Home has a small-town charm and friendly community. The city’s annual events, like the Oregon Jamboree Music Festival, add to the appeal of living in this vibrant area.

6. Paulina Lake (La Pine)

Nearest city: La Pine, OR 
Median home sale price: $349,900 
Population: 1,900
Homes for sale in La Pine
Apartments for rent in La Pine

Paulina Lake, nestled within the Newberry Volcanic Monument, offers a unique landscape of crystal-clear waters surrounded by volcanic rock and lush forests. This secluded lake is ideal for fishing, kayaking, and hiking, with trails that wind through ancient lava flows and stunning geological formations. La Pine, a small community, is just a short drive away, providing easy access to lake activities while maintaining the peace and quiet of rural living. The area’s natural hot springs and winter sports opportunities make it a year-round destination for adventure seekers. La Pine’s commitment to preserving its natural beauty while welcoming new residents makes it a great option for those looking for some of the best lakes in Oregon to live on.

wallowa lake in joseph oregon
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7. North Tenmile Lake (Lakeside)

Nearest city: Lakeside, OR 
Median home sale price: $280,000 
Population: 1,700
Homes for sale in Lakeside
Apartments for rent in Lakeside

North Tenmile Lake is part of a chain of lakes including Eel Lake and Clear Lake. It’s located in the cozy town of Lakeside. Known for its calm waters and abundant fish, North Tenmile Lake is a favorite among anglers and boaters alike. The surrounding area is dotted with hiking trails and picnic spots. The nearest town, Lakeside, has a close-knit community and scenic views. The town’s proximity to the Oregon Dunes National Recreation Area also provides ample opportunities for both off-roaders and nature lovers to explore the landscape.

8. Odell Lake (Crescent)

Nearest city: Crescent 
Median home sale price: $298,000 
Population: 370
Homes for sale in Crescent
Apartments for rent in Crescent

Odell Lake, set against the backdrop of the majestic Cascade Mountains, is a haven for trout fishing and sailing. The lake’s crystal-clear waters and surrounding old-growth forests offer a tranquil setting for outdoor activities and relaxation. Crescent, the nearest town, has just about 370 residents and is a gateway to outdoor adventures, with nearby attractions such as the Deschutes National Forest and La Pine State Park.

9. Wallowa Lake (Joseph)

Nearest city: Joseph, OR 
Median home sale price: $418,000 
Population: 1,100
Homes for sale in Joseph
Apartments for rent in Joseph

Wallowa Lake is surrounded by the towering peaks of the Wallowa Mountains, a stunning natural wonder that attracts visitors from all over. The lake is known for its glacial waters and is a popular spot for fishing, boating, and swimming. The nearest city is Joseph, which has a great arts scene and is home to Iwetemlaykin State Heritage Site. The city’s downtown area, with its bronze foundries, art galleries, and boutiques, offers a unique blend of outdoor adventure and cultural exploration. The annual Chief Joseph Days Rodeo is a highlight, drawing crowds with its celebration of rodeo culture and history.

10. Trillium Lake (Government Camp)

Nearest city: Government Camp, OR 
Median home sale price: $945,000 
Population: 200
Homes for sale in Government Camp 
Apartments for rent in Government Camp

The final spot on our list of lakes in Oregon to live on is Trillium Lake. Located near the quaint mountain village of Government Camp, Trillium Lake offers postcard-perfect views of Mount Hood. This picturesque lake is a favorite for photographers, tourists, and locals, providing a peaceful setting for picnics, fishing, and canoeing. Government Camp, with its alpine charm and small population, serves as a base for year-round mountain activities, including skiing and snowboarding in the winter, and hiking and mountain biking in the summer. The community’s close proximity to the lake and the mountain makes it an ideal spot for those looking to live amongst Oregon’s stunning natural landscapes.

Note, this list is not comprehensive of all the lakes in Oregon. Median home sale price data from the Redfin Data Center during April 2024. Average rental data from Rent.com April 2024. Population data sourced from the United States Census Bureau.

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