Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lorane area can be challenging. Home prices in Lorane are now at a median cost of $425,747, higher than the Oregon average of $365,363.
The average cost of rent is $970/mo in Lorane, primarily driven by the current value of real estate in the Lorane area. While nearly 52.07% of residents own their homes outright in Lorane, 14.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorane is $6,730 per month. Households that rent pay about 14.42% of their income on rent here. Lorane's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rogue Elk, OR: less expensive homes
- Walker, OR: less expensive homes
- Latham, OR: less expensive homes
- Curtin, OR: less expensive homes
- Cottage Grove, OR: less expensive homes
- Drain, OR: less expensive homes
- Creswell, OR: less expensive homes
- Veneta, OR: less expensive homes
- Saginaw, OR: less expensive homes
- Thurston, OR: equally priced homes
Cities with Similar Populations
- Waikane, HI: higher priced homes
- Conroy, IA: less expensive homes
- Constance, NE: less expensive homes
- Cooperstown, KY: less expensive homes
- Cottage Hill, FL: less expensive homes
- Cove Orchard, OR: higher priced homes
- Crockett, AR: less expensive homes
- Valley Mills, NY: less expensive homes
- Vichy Springs, CA: higher priced homes
- Viola, TN: less expensive homes
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