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These days, finding an affordable place to live in the Lowell area can be challenging. Home prices in Lowell are now at a median cost of $418,769, lower than the Oregon average of $502,078.
The average cost of rent is $1,265/mo in Lowell, primarily driven by the current value of real estate in the Lowell area. In Lowell, 14.90% of households rent, and 27.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lowell is $7,973 per month. Households that rent pay about 15.87% of their income on rent here. Lowell’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dexter, OR: equally priced homes
- Fall Creek, OR: higher priced homes
- Winberry, OR: higher priced homes
- Minnow, OR: equally priced homes
- Trent, OR: higher priced homes
- Jasper, OR: equally priced homes
- Pleasant Hill, OR: higher priced homes
- Saginaw, OR: higher priced homes
- Thurston, OR: equally priced homes
- Creswell, OR: higher priced homes
Cities with Similar Populations
- Loughman, FL: less expensive homes
- Saddlestring, WY: less expensive homes
- Rubyville, OH: less expensive homes
- Red Hill, AL: less expensive homes
- Pulaski, MS: less expensive homes
- Mill Creek, WV: less expensive homes
- Middle Verde, AZ: less expensive homes
- McKenzie, AL: less expensive homes
- Martin Springs, TX: less expensive homes
- Manns Choice, PA: less expensive homes
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