The Most Affordable Neighborhoods in Alsea, OR by Home Value

 

Alsea, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alsea area can be challenging. Home prices in Alsea are now at a median cost of $298,215, lower than the Oregon average of $365,363.

The average cost of rent is $843/mo in Alsea, primarily driven by the current value of real estate in the Alsea area. While nearly 34.88% of residents own their homes outright in Alsea, 23.68% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alsea is $7,339 per month. Households that rent pay about 11.48% of their income on rent here. Alsea's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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