The Most Affordable Neighborhoods in Lane County, OR by Home Value

These days, finding an affordable place to live in the Lane County area can be challenging. Home prices in Lane County are now at a median cost of $452,021, lower than the Oregon average of $502,078.

The average cost of rent is $1,423/mo in Lane County, primarily driven by the current value of real estate in the Lane County area. In Lane County, 40.31% of households rent, and 38.47% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lane County is $6,413 per month. Households that rent pay about 22.18% of their income on rent here. Lane County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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