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These days, finding an affordable place to live in the Chemult area can be challenging. Home prices in Chemult are now at a median cost of $304,722, lower than the Oregon average of $502,078.
The average cost of rent is $886/mo in Chemult, primarily driven by the current value of real estate in the Chemult area. In Chemult, 12.05% of households rent, and 43.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chemult is $5,562 per month. Households that rent pay about 15.93% of their income on rent here. Chemult’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Diamond Lake, OR: less expensive homes
- Diamond Lake Junction, OR: less expensive homes
- Crescent Lake, OR: higher priced homes
- Crescent, OR: equally priced homes
- Crater Lake, OR: less expensive homes
- Gilchrist, OR: equally priced homes
- Toketee Falls, OR: less expensive homes
- Crescent Lake Junction, OR: higher priced homes
- Kirk, OR: less expensive homes
- Fort Klamath, OR: less expensive homes
Cities with Similar Populations
- Griffith, TN: less expensive homes
- Headlee, IN: less expensive homes
- Hazelton, KS: less expensive homes
- Haysville, PA: less expensive homes
- Hasty, CO: less expensive homes
- Haskinville, NY: less expensive homes
- Harrold, SD: less expensive homes
- Harriet, TX: less expensive homes
- Hardy, NE: less expensive homes
- Hanna, UT: less expensive homes
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