Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Homestead area can be challenging. Home prices in Homestead are now at a median cost of $453,829, higher than the Oregon average of $365,363.
The average cost of rent is $972/mo in Homestead, primarily driven by the current value of real estate in the Homestead area. While nearly 63.44% of residents own their homes outright in Homestead, 20.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homestead is $6,394 per month. Households that rent pay about 15.20% of their income on rent here. Homestead's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Cornucopia, OR: less expensive homes
- Joseph, OR: less expensive homes
- Oxbow, OR: less expensive homes
- Halfway, OR: less expensive homes
- Cuprum, ID: less expensive homes
- Jimtown, OR: less expensive homes
- Pine, OR: less expensive homes
- Enterprise, OR: less expensive homes
- Imnaha, OR: equally priced homes
- Lostine, OR: less expensive homes
Cities with Similar Populations
- New Germany, MD: less expensive homes
- Niarada, MT: less expensive homes
- Newville, CA: less expensive homes
- Newtonburg, PA: less expensive homes
- Newark, SD: less expensive homes
- New Witten, SD: less expensive homes
- New Portland, ME: less expensive homes
- New Morgan, PA: less expensive homes
- New Moore, TX: less expensive homes
- Nichols, KY: less expensive homes
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