Oregon Property Tax Deferral for Disabled and Senior Homeowners
Who qualifies
- Age
- 62 or older
- Income limit
- $70,0002026 program-year household income limit is $70,000 (raised from $60,000 in 2025). A net-worth limit and a real market value (RMV) cap also apply; the 2026 RMV minimum cap is $301,000 (adjusted by county), relaxed by HB 3712 for owners with fewer than 17 years of ownership.
- Ownership
- Owner must be 62 years of age or older on or before April 15 of the filing year, OR be a person with a disability receiving or eligible for federal Social Security disability benefits.
- Residency
- Must own and live in the home as the primary residence and have owned and lived in it for at least the preceding 5 years.
How much it saves
No dollar estimate. This postpones — not forgives — the tax; deferred amounts are paid later, so there is no annual dollar saving to estimate.
How to apply
- Application required: Yes
- Deadline: File with the county assessor between January 1 and April 15; late applications accepted April 16 through December 1 for a fee.
- Renewal: other — Once enrolled, the state pays the taxes each year while the owner remains qualified; recertification is required periodically. Deferred taxes plus 6% interest become payable on a disqualifying event.
Combining with other exemptions
This is a deferral, not an exemption; it postpones (does not forgive) the tax. Deferred accounts accrue 6% interest annually.
Official sources:
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.