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These days, finding an affordable place to live in the Durham area can be challenging. Home prices in Durham are now at a median cost of $489,215, lower than the Oregon average of $502,078.
The average cost of rent is $1,724/mo in Durham, primarily driven by the current value of real estate in the Durham area. In Durham, 69.65% of households rent, and 27.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Durham is $7,821 per month. Households that rent pay about 22.05% of their income on rent here. Durham’s most expensive areas are in the central 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
- Rivergrove, OR: higher priced homes
- Tualatin, OR: higher priced homes
- King City, OR: equally priced homes
- Lake Oswego, OR: higher priced homes
- Tigard, OR: higher priced homes
- Bull Mountain, OR: higher priced homes
- Sherwood, OR: higher priced homes
- West Linn, OR: higher priced homes
- Wilsonville, OR: higher priced homes
- Oak Grove, OR: equally priced homes
Cities with Similar Populations
- Carlin, NV: less expensive homes
- Dutch Harbor, AK: equally priced homes
- Doerun, GA: less expensive homes
- Depoy, KY: less expensive homes
- Dedeaux, MS: less expensive homes
- Cross Hill, SC: less expensive homes
- Conyngham, PA: less expensive homes
- Conway, PA: less expensive homes
- Conehatta, MS: less expensive homes
- Concord, OH: less expensive homes
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