The Most Affordable Neighborhoods in Cave Junction, OR by Home Value

 

Cave Junction, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cave Junction area can be challenging. Home prices in Cave Junction are now at a median cost of $330,737, lower than the Oregon average of $502,078.

The average cost of rent is $1,296/mo in Cave Junction, primarily driven by the current value of real estate in the Cave Junction area. In Cave Junction, 24.33% of households rent, and 58.56% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cave Junction is $3,854 per month. Households that rent pay about 33.63% of their income on rent here. Cave Junction’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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