The Most Affordable Neighborhoods in Cove Orchard, OR by Home Value

 

Cove Orchard, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cove Orchard area can be challenging. Home prices in Cove Orchard are now at a median cost of $531,412, higher than the Oregon average of $365,363.

The average cost of rent is $1,375/mo in Cove Orchard, primarily driven by the current value of real estate in the Cove Orchard area. While nearly 22.81% of residents own their homes outright in Cove Orchard, 8.89% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cove Orchard is $10,420 per month. Households that rent pay about 13.20% of their income on rent here. Cove Orchard's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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