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Affordable
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These days, finding an affordable place to live in the Crescent area can be challenging. Home prices in Crescent are now at a median cost of $319,869, lower than the Oregon average of $502,078.
The average cost of rent is $876/mo in Crescent, primarily driven by the current value of real estate in the Crescent area. In Crescent, 8.27% of households rent, and 44.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Crescent is $5,470 per month. Households that rent pay about 16.02% of their income on rent here. Crescent’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gilchrist, OR: less expensive homes
- Crescent Lake, OR: higher priced homes
- Crescent Lake Junction, OR: higher priced homes
- Chemult, OR: equally priced homes
- Diamond Lake, OR: less expensive homes
- La Pine, OR: higher priced homes
- Elk Lake, OR: higher priced homes
- Millican, OR: higher priced homes
- Deschutes, OR: higher priced homes
- Three Rivers, OR: higher priced homes
Cities with Similar Populations
- Deerfield Center, MI: equally priced homes
- Troy, MS: less expensive homes
- Topping, VA: less expensive homes
- Togiak, AK: less expensive homes
- Tito, VA: less expensive homes
- Shirland, IL: less expensive homes
- Fairmont, NE: less expensive homes
- Eureka, WA: less expensive homes
- Eskridge, KS: less expensive homes
- Elderton, PA: less expensive homes
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