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 $636,630, higher than the Portland average of $436,940.
The average cost of rent is $1,383/mo in Homestead, primarily driven by the current value of real estate in the Homestead area. While nearly 47.28% of residents own their homes outright in Homestead, 64.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homestead is $7,004 per month. Households that rent pay about 19.74% of their income on rent here. Homestead's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Southwest Hills, Portland, OR: higher priced homes
- Corbett-Terwilliger-Lair Hill, Portland, OR: less expensive homes
- University District, Portland, OR: less expensive homes
- Hillsdale, Portland, OR: equally priced homes
- Brooklyn, Portland, OR: less expensive homes
- Bridlemile, Portland, OR: equally priced homes
- Northwest, Portland, OR: equally priced homes
- Old Town-Chinatown, Portland, OR: less expensive homes
- Pearl District, Portland, OR: equally priced homes
- Hosford-Abernethy, Portland, OR: equally priced homes
Neighborhoods with Similar Populations
- Galeville, Liverpool, NY: less expensive homes
- Lake Hollingsworth, Lakeland, FL: less expensive homes
- Bryan Downtown Historic District, Bryan, OH: less expensive homes
- Catalina Foothills Estates, Catalina Foothills, AZ: less expensive homes
- Downtown Burlingame, Burlingame, CA: higher priced homes
- Downtown Lynn Haven, Lynn Haven, FL: less expensive homes
- Westnedge Hill, Kalamazoo, MI: less expensive homes
- Westinghouse, Charlotte, NC: less expensive homes
- Morgan Village, Camden, NJ: less expensive homes
- Harrison, Minneapolis, MN: less expensive homes
All Local Stats
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