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These days, finding an affordable place to live in the Cornelius area can be challenging. Home prices in Cornelius are now at a median cost of $420,840, lower than the Oregon average of $502,078.
The average cost of rent is $1,693/mo in Cornelius, primarily driven by the current value of real estate in the Cornelius area. In Cornelius, 24.09% of households rent, and 36.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cornelius is $8,257 per month. Households that rent pay about 20.50% of their income on rent here. Cornelius’s most expensive areas are in the southeastern 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.
Nearby Cities
- Mountaindale, OR: higher priced homes
- Forest Grove, OR: higher priced homes
- Schefflin, OR: higher priced homes
- Hillsboro, OR: higher priced homes
- Laurelwood, OR: higher priced homes
- Greenville, OR: higher priced homes
- Cove Orchard, OR: higher priced homes
- Gaston, OR: higher priced homes
- North Plains, OR: higher priced homes
- Glenwood, OR: higher priced homes
Cities with Similar Populations
- Ashland City, TN: less expensive homes
- Wells Branch, TX: equally priced homes
- Belchertown, MA: less expensive homes
- Weatherford, OK: less expensive homes
- Bedford, MA: higher priced homes
- Seven Corners, VA: higher priced homes
- Bolivar, MO: less expensive homes
- Bull Mountain, OR: higher priced homes
- Forsyth, GA: less expensive homes
- Boonsboro, MD: less expensive homes
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