The Most Affordable Neighborhoods in Coos Bay, OR by Home Value

 

Coos Bay, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Coos Bay area can be challenging. Home prices in Coos Bay are now at a median cost of $203,983, lower than the Oregon average of $365,363.

The average cost of rent is $946/mo in Coos Bay, primarily driven by the current value of real estate in the Coos Bay area. While nearly 40.68% of residents own their homes outright in Coos Bay, 35.91% rent.

Housing affordability isn’t just about home prices, though. The average household income in Coos Bay is $4,659 per month. Households that rent pay about 20.31% of their income on rent here. Coos Bay's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.


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