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These days, finding an affordable place to live in the Glenwood area can be challenging. Home prices in Glenwood are now at a median cost of $575,249, higher than the Oregon average of $502,078.
The average cost of rent is $2,122/mo in Glenwood, primarily driven by the current value of real estate in the Glenwood area. In Glenwood, 11.51% of households rent, and 30.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glenwood is $9,192 per month. Households that rent pay about 23.09% of their income on rent here. Glenwood’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cove Orchard, OR: higher priced homes
- Forest Grove, OR: less expensive homes
- Gales Creek, OR: equally priced homes
- Greenville, OR: higher priced homes
- Manning, OR: higher priced homes
- Banks, OR: equally priced homes
- Gaston, OR: higher priced homes
- Cornelius, OR: less expensive homes
- Schefflin, OR: higher priced homes
- Mountaindale, OR: less expensive homes
Cities with Similar Populations
- Forest Hill, MS: less expensive homes
- West Corinth, VT: less expensive homes
- Garards Fort, PA: less expensive homes
- Freedhem, MN: less expensive homes
- Fourmile Corner, MI: less expensive homes
- Four Point, TN: less expensive homes
- Fountain Creek, IL: less expensive homes
- Foster, NE: less expensive homes
- Foster Creek, NC: less expensive homes
- Foster City, MI: less expensive homes
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