
Affordable
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These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $771,310, higher than the Oregon average of $502,078.
The average cost of rent is $2,202/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. In Laurel, 12.59% of households rent, and 37.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $10,870 per month. Households that rent pay about 20.26% of their income on rent here. Laurel’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Laurelwood, OR: equally priced homes
- Scholls, OR: equally priced homes
- Wapato, OR: equally priced homes
- Sunnycrest, OR: higher priced homes
- Newberg, OR: less expensive homes
- Springbrook, OR: higher priced homes
- Gaston, OR: less expensive homes
- Mountaindale, OR: less expensive homes
- Sherwood, OR: less expensive homes
- Dundee, OR: less expensive homes
Cities with Similar Populations
- Roma Creek, TX: less expensive homes
- Merritt, MO: less expensive homes
- Mesa, CA: less expensive homes
- Metasville, GA: less expensive homes
- Midvale Corner, WA: less expensive homes
- Mileston, MS: less expensive homes
- Mill City, NV: less expensive homes
- Millhome, WI: less expensive homes
- Monterey, NY: less expensive homes
- Rock Creek, OR: less expensive homes
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