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These days, finding an affordable place to live in the Crescent Lake area can be challenging. Home prices in Crescent Lake are now at a median cost of $444,100, lower than the Oregon average of $502,078.
The average cost of rent is $876/mo in Crescent Lake, primarily driven by the current value of real estate in the Crescent Lake area. In Crescent Lake, 17.57% of households rent, and 54.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Crescent Lake is $5,393 per month. Households that rent pay about 16.24% of their income on rent here. Crescent Lake’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Crescent, OR: less expensive homes
- Crescent Lake Junction, OR: equally priced homes
- Chemult, OR: less expensive homes
- Gilchrist, OR: less expensive homes
- Diamond Lake, OR: less expensive homes
- Toketee Falls, OR: less expensive homes
- La Pine, OR: less expensive homes
- Crater Lake, OR: less expensive homes
- Elk Lake, OR: higher priced homes
- Diamond Lake Junction, OR: less expensive homes
Cities with Similar Populations
- Union, ND: less expensive homes
- Elmer, PA: less expensive homes
- Elkol, WY: less expensive homes
- Totavi, NM: equally priced homes
- Eden, LA: less expensive homes
- Truxton, AZ: less expensive homes
- Tunica, LA: less expensive homes
- Twin Creek, AR: less expensive homes
- Tyler, MO: less expensive homes
- Ucolo, UT: less expensive homes
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