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These days, finding an affordable place to live in the Bay City area can be challenging. Home prices in Bay City are now at a median cost of $406,342, lower than the Oregon average of $502,078.
The average cost of rent is $1,104/mo in Bay City, primarily driven by the current value of real estate in the Bay City area. In Bay City, 19.79% of households rent, and 36.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bay City is $6,013 per month. Households that rent pay about 18.36% of their income on rent here. Bay City’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Garibaldi, OR: equally priced homes
- Hathaway Mead, OR: equally priced homes
- Twin Rocks, OR: less expensive homes
- Tillamook, OR: equally priced homes
- Oceanside, OR: higher priced homes
- Netarts, OR: higher priced homes
- Rockaway Beach, OR: equally priced homes
- Brighton, OR: equally priced homes
- Wheeler, OR: equally priced homes
- Sandlake, OR: less expensive homes
Cities with Similar Populations
- Hickory, MS: less expensive homes
- Belleair Beach, FL: higher priced homes
- Wausau, FL: less expensive homes
- La Farge, WI: less expensive homes
- Sunset Beach, CA: higher priced homes
- Carson, VA: less expensive homes
- Smarr, GA: less expensive homes
- Clear Lake, SD: less expensive homes
- Macedonia, TX: less expensive homes
- Coon Valley, WI: less expensive homes
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