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Affordable
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These days, finding an affordable place to live in the Depoe Bay area can be challenging. Home prices in Depoe Bay are now at a median cost of $380,481, lower than the Oregon average of $502,078.
The average cost of rent is $1,377/mo in Depoe Bay, primarily driven by the current value of real estate in the Depoe Bay area. In Depoe Bay, 16.56% of households rent, and 49.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Depoe Bay is $5,499 per month. Households that rent pay about 25.04% of their income on rent here. Depoe Bay’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lincoln Beach, OR: equally priced homes
- Gleneden Beach, OR: higher priced homes
- Kernville, OR: equally priced homes
- Otter Rock, OR: higher priced homes
- Beverly Beach, OR: higher priced homes
- Nelscott, OR: equally priced homes
- DeLake, OR: equally priced homes
- Siletz, OR: less expensive homes
- Lincoln City, OR: higher priced homes
- Rose Lodge, OR: less expensive homes
Cities with Similar Populations
- Pocono Lake, PA: less expensive homes
- Harlem, MT: less expensive homes
- Horseshoe Bend, AR: less expensive homes
- La Grange, CA: higher priced homes
- Lake Success, NY: higher priced homes
- Lake View, AL: less expensive homes
- Lakeview Heights, KY: less expensive homes
- New Bloomfield, PA: less expensive homes
- New Milford, PA: less expensive homes
- Osceola Mills, PA: less expensive homes
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