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Affordable
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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 $295,613, lower than the Oregon average of $502,078.
The average cost of rent is $793/mo in Merrill, primarily driven by the current value of real estate in the Merrill area. In Merrill, 29.61% of households rent, and 41.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merrill is $5,141 per month. Households that rent pay about 15.42% of their income on rent here. Merrill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake of the Woods, OR: equally priced homes
- Malin, OR: less expensive homes
- Tulelake, CA: less expensive homes
- Falcon Heights, OR: less expensive homes
- Olene, OR: higher priced homes
- Altamont, OR: less expensive homes
- Dairy, OR: equally priced homes
- Midland, OR: equally priced homes
- Klamath Falls, OR: equally priced homes
- Yonna, OR: equally priced homes
Cities with Similar Populations
- Zell, MO: less expensive 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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