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Affordable
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These days, finding an affordable place to live in the Hereford area can be challenging. Home prices in Hereford are now at a median cost of $272,100, lower than the Oregon average of $502,078.
The average cost of rent is $1,029/mo in Hereford, primarily driven by the current value of real estate in the Hereford area. In Hereford, 11.81% of households rent, and 84.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hereford is $2,418 per month. Households that rent pay about 42.56% of their income on rent here. Hereford’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
- Bridgeport, OR: less expensive homes
- Unity, OR: equally priced homes
- Sumpter, OR: equally priced homes
- Baker City, OR: equally priced homes
- Wingville, OR: higher priced homes
- Ironside, OR: less expensive homes
- Rock Creek, OR: higher priced homes
- Haines, OR: higher priced homes
- Granite, OR: less expensive homes
- Durkee, OR: less expensive homes
Cities with Similar Populations
- Pinon, NM: less expensive homes
- Powderhorn, CO: higher priced homes
- Porto Rico, WV: less expensive homes
- Portland Mills, IN: less expensive homes
- Porterville, LA: less expensive homes
- Porterfield, OH: less expensive homes
- Plumfield, IL: less expensive homes
- Plattsburg, IN: less expensive homes
- Pioneer, FL: higher priced homes
- Praag, WI: less expensive homes
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