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 $198,063, lower than the Oregon average of $502,078.

The average cost of rent is $1,065/mo in Diamond Lake Junction, primarily driven by the current value of real estate in the Diamond Lake Junction area. In Diamond Lake Junction, 22.44% of households rent, and 48.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Diamond Lake Junction is $3,577 per month. Households that rent pay about 29.76% of their income on rent here. Diamond Lake Junction’s most expensive areas are in the northeastern 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.


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