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Affordable
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These days, finding an affordable place to live in the Eola area can be challenging. Home prices in Eola are now at a median cost of $914,325, higher than the Oregon average of $502,078.
The average cost of rent is $1,533/mo in Eola, primarily driven by the current value of real estate in the Eola area. In Eola, 29.77% of households rent, and 37.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eola is $11,451 per month. Households that rent pay about 13.39% of their income on rent here. Eola’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
- Crowley, OR: equally priced homes
- Rickreall, OR: less expensive homes
- Independence, OR: less expensive homes
- Fir Villa, OR: less expensive homes
- Salem, OR: less expensive homes
- Monmouth, OR: less expensive homes
- Suver, OR: less expensive homes
- Keizer, OR: less expensive homes
- Dallas, OR: less expensive homes
- Four Corners, OR: less expensive homes
Cities with Similar Populations
- Aldrich, MN: less expensive homes
- Young, AZ: less expensive homes
- Yancey, TX: less expensive homes
- Yakutat, AK: less expensive homes
- Willettsville, OH: less expensive homes
- Skipwith Farms, VA: less expensive homes
- Shooting Creek, NC: less expensive homes
- Shippingport, PA: less expensive homes
- Clarence, LA: less expensive homes
- Centralhatchee, GA: less expensive homes
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