Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Crater Lake area can be challenging. Home prices in Crater Lake are now at a median cost of $224,049, lower than the Oregon average of $365,363.
The average cost of rent is $758/mo in Crater Lake, primarily driven by the current value of real estate in the Crater Lake area. While nearly 38.95% of residents own their homes outright in Crater Lake, 44.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Crater Lake is $4,797 per month. Households that rent pay about 15.80% of their income on rent here. Crater Lake's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Chemult, OR: less expensive homes
- Diamond Lake Junction, OR: higher priced homes
- Toketee Falls, OR: equally priced homes
- Diamond Lake, OR: less expensive homes
- Fort Klamath, OR: equally priced homes
- Prospect, OR: higher priced homes
- Kirk, OR: higher priced homes
- Crescent Lake, OR: higher priced homes
- Rocky Point, OR: less expensive homes
- Pine Ridge, OR: equally priced homes
Cities with Similar Populations
- Sofia, NM: less expensive homes
- Indian Creek, FL: higher priced homes
- Shotley, MN: less expensive homes
- Silver Shell Beach, MA: higher priced homes
- Huron Mountain, MI: less expensive homes
- Hurnville, TX: less expensive homes
- Silvertown, GA: less expensive homes
- Sites, CA: higher priced homes
- Sitkum, OR: higher priced homes
- Slatyfork, WV: less expensive homes
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