Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Klamath Falls area can be challenging. Home prices in Klamath Falls are now at a median cost of $209,102, lower than the Oregon average of $365,363.
The average cost of rent is $1,016/mo in Klamath Falls, primarily driven by the current value of real estate in the Klamath Falls area. While nearly 43.26% of residents own their homes outright in Klamath Falls, 40.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Klamath Falls is $4,979 per month. Households that rent pay about 20.41% of their income on rent here. Klamath Falls's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Pelican City, OR: higher priced homes
- Altamont, OR: less expensive homes
- Wocus, OR: higher priced homes
- Midland, OR: less expensive homes
- Falcon Heights, OR: higher priced homes
- Olene, OR: higher priced homes
- Shady Pine, OR: higher priced homes
- Lake of the Woods, OR: higher priced homes
- Keno, OR: higher priced homes
- Dairy, OR: equally priced homes
Cities with Similar Populations
- Alabaster, AL: equally priced homes
- Zionsville, IN: higher priced homes
- Youngsville, LA: higher priced homes
- Yabucoa, PR: less expensive homes
- Woodway, TX: higher priced homes
- Woodburn, OR: higher priced homes
- Winterville, NC: equally priced homes
- Windsor, CT: higher priced homes
- Winchester, NV: higher priced homes
- Wilmette, IL: higher priced homes
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