Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrill area can be challenging. Home prices in Merrill are now at a median cost of $223,807, lower than the Oregon average of $365,363.
The average cost of rent is $776/mo in Merrill, primarily driven by the current value of real estate in the Merrill area. While nearly 46.34% of residents own their homes outright in Merrill, 28.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrill is $4,743 per month. Households that rent pay about 16.35% of their income on rent here. Merrill's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lake of the Woods, OR: equally priced homes
- Malin, OR: equally priced homes
- Tulelake, CA: less expensive homes
- Falcon Heights, OR: equally priced homes
- Olene, OR: higher priced homes
- Altamont, OR: less expensive homes
- Dairy, OR: equally priced homes
- Midland, OR: less expensive homes
- Klamath Falls, OR: equally priced homes
- Yonna, OR: equally priced homes
Cities with Similar Populations
- Zell, MO: equally priced homes
- Haydenville, MA: higher priced homes
- Shipman, VA: equally priced homes
- Hurlburt Field, FL: higher priced homes
- Lovelady, TX: less expensive homes
- Deltaville, VA: higher priced homes
- Wellington, KY: less expensive homes
- Cunningham, VA: higher priced homes
- Coahoma, TX: less expensive homes
- Buckingham, VA: less expensive homes
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