
Affordable
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These days, finding an affordable place to live in the Gates area can be challenging. Home prices in Gates are now at a median cost of $373,563, lower than the Oregon average of $502,078.
The average cost of rent is $954/mo in Gates, primarily driven by the current value of real estate in the Gates area. In Gates, 14.79% of households rent, and 51.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gates is $6,261 per month. Households that rent pay about 15.24% of their income on rent here. Gates’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
- Mill City, OR: less expensive homes
- Lyons, OR: higher priced homes
- Mehama, OR: higher priced homes
- Detroit, OR: equally priced homes
- Idanha, OR: equally priced homes
- Marion, OR: higher priced homes
- Stayton, OR: higher priced homes
- Sublimity, OR: higher priced homes
- Scio, OR: higher priced homes
- Scotts Mills, OR: higher priced homes
Cities with Similar Populations
- Berlin, WV: less expensive homes
- Bradford, NY: less expensive homes
- Bowmanstown, PA: less expensive homes
- Boulder, WY: higher priced homes
- Boswell, IN: less expensive homes
- Blumenthal, TX: higher priced homes
- Bluewater, NM: less expensive homes
- Blakesburg, IA: less expensive homes
- Beroun, MN: less expensive homes
- Benton, OH: less expensive homes
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