
Expensive
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These days, finding an affordable place to live in the Bonneville area can be challenging. Home prices in Bonneville are now at a median cost of $454,742, lower than the Orem average of $481,850.
The average cost of rent is $1,802/mo in Bonneville, primarily driven by the current value of real estate in the Bonneville area. In Bonneville, 38.50% of households rent, and 35.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bonneville is $7,607 per month. Households that rent pay about 23.69% of their income on rent here. Bonneville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Geneva, Orem, UT: less expensive homes
- Suncrest, Orem, UT: less expensive homes
- Sharon, Orem, UT: less expensive homes
- Northridge, Orem, UT: higher priced homes
- Orem North, Orem, UT: equally priced homes
- Sunset Heights, Orem, UT: higher priced homes
- Westmore, Orem, UT: higher priced homes
- Lakeview, Orem, UT: less expensive homes
- Lakeview North, Provo, UT: equally priced homes
- Carterville, Provo, UT: higher priced homes
Neighborhoods with Similar Populations
- New River Estates, Sunrise, FL: higher priced homes
- Nobility Hill Historic District, Stoneham, MA: higher priced homes
- Timberwood Park, San Antonio, TX: equally priced homes
- Carpenter, Ann Arbor, MI: less expensive homes
- The Woods at Mill Valley, Marysville, OH: less expensive homes
- South Los Altos, Los Altos, CA: higher priced homes
- South Lorain, Lorain, OH: less expensive homes
- San Mateo, San Juan, PR: less expensive homes
- Downtown Newport News, Newport News, VA: less expensive homes
- Natomas Creek, Sacramento, CA: higher priced homes
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