Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Independence area can be challenging. Home prices in Independence are now at a median cost of $276,710, lower than the Oregon average of $365,363.
The average cost of rent is $1,294/mo in Independence, primarily driven by the current value of real estate in the Independence area. While nearly 26.23% of residents own their homes outright in Independence, 39.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Independence is $5,521 per month. Households that rent pay about 23.44% of their income on rent here. Independence's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Monmouth, OR: higher priced homes
- Suver, OR: higher priced homes
- Fir Villa, OR: higher priced homes
- Parker, OR: higher priced homes
- Eola, OR: higher priced homes
- Sidney, OR: higher priced homes
- Dallas, OR: equally priced homes
- Crowley, OR: higher priced homes
- Talbot, OR: higher priced homes
- Rickreall, OR: higher priced homes
Cities with Similar Populations
- Gateway, FL: higher priced homes
- Grants, NM: less expensive homes
- Graham, TX: less expensive homes
- Goshen, OH: less expensive homes
- Wood-Ridge, NJ: higher priced homes
- Gloucester Point, VA: equally priced homes
- Gloucester City, NJ: less expensive homes
- Gladwin, MI: less expensive homes
- Gilbert, SC: equally priced homes
- Gifford, FL: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood