The Most Affordable Neighborhoods in Eola Village, OR by Home Value

 

Eola Village, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Eola Village area can be challenging. Home prices in Eola Village are now at a median cost of $395,729, higher than the Oregon average of $365,363.

The average cost of rent is $1,318/mo in Eola Village, primarily driven by the current value of real estate in the Eola Village area. While nearly 42.15% of residents own their homes outright in Eola Village, 21.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in Eola Village is $8,145 per month. Households that rent pay about 16.18% of their income on rent here. Eola Village's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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