Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melville area can be challenging. Home prices in Melville are now at a median cost of $365,800, higher than the Oregon average of $365,363.
The average cost of rent is $1,163/mo in Melville, primarily driven by the current value of real estate in the Melville area. While nearly 39.76% of residents own their homes outright in Melville, 27.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melville is $6,612 per month. Households that rent pay about 17.59% of their income on rent here. Melville's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Miles Crossing, OR: equally priced homes
- West, OR: higher priced homes
- Jeffers Garden, OR: less expensive homes
- Olney, OR: equally priced homes
- Gearhart, OR: higher priced homes
- Warrenton, OR: equally priced homes
- Astoria, OR: less expensive homes
- Fern Hill, OR: less expensive homes
- Seaside, OR: equally priced homes
- Hammond, OR: less expensive homes
Cities with Similar Populations
- Natoma, KS: less expensive homes
- Mount Aukum, CA: higher priced homes
- Mount Hope, CT: less expensive homes
- Mount Jefferson, OH: less expensive homes
- Mount Liberty, WV: less expensive homes
- Mount Pleasant, GA: less expensive homes
- Mount Union, TX: less expensive homes
- Mountainville, NY: higher priced homes
- Muldoon, TX: less expensive homes
- Munterville, IA: less expensive homes
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