Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lorella area can be challenging. Home prices in Lorella are now at a median cost of $186,235, lower than the Oregon average of $365,363.
The average cost of rent is $1,085/mo in Lorella, primarily driven by the current value of real estate in the Lorella area. While nearly 50.20% of residents own their homes outright in Lorella, 13.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorella is $3,648 per month. Households that rent pay about 29.74% of their income on rent here. Lorella's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Bonanza, OR: higher priced homes
- Malin, OR: higher priced homes
- Yonna, OR: higher priced homes
- Dairy, OR: higher priced homes
- Hildebrand, OR: higher priced homes
- Tulelake, CA: less expensive homes
- Merrill, OR: higher priced homes
- Olene, OR: higher priced homes
- Bly, OR: higher priced homes
- Lake of the Woods, OR: higher priced homes
Cities with Similar Populations
- Flint, WV: less expensive homes
- Freedom, OK: equally priced homes
- Frazier, MO: higher priced homes
- Franklin, IA: less expensive homes
- Frankfort, AL: less expensive homes
- Fortune Lake, MI: less expensive homes
- Fort Lynn, AR: less expensive homes
- Forester, MI: less expensive homes
- Forbes, MN: less expensive homes
- Fomby, AR: less expensive homes
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