The Most Affordable Neighborhoods in Diamond Lake Junction, OR by Home Value

 

Diamond Lake Junction, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Diamond Lake Junction area can be challenging. Home prices in Diamond Lake Junction are now at a median cost of $268,977, lower than the Oregon average of $365,363.

The average cost of rent is $990/mo in Diamond Lake Junction, primarily driven by the current value of real estate in the Diamond Lake Junction area. While nearly 48.40% of residents own their homes outright in Diamond Lake Junction, 19.23% rent.

Housing affordability isn’t just about home prices, though. The average household income in Diamond Lake Junction is $1,742 per month. Households that rent pay about 56.83% of their income on rent here. Diamond Lake Junction's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.


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