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Affordable
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These days, finding an affordable place to live in the Molalla area can be challenging. Home prices in Molalla are now at a median cost of $517,723, higher than the Oregon average of $502,078.
The average cost of rent is $1,669/mo in Molalla, primarily driven by the current value of real estate in the Molalla area. In Molalla, 34.08% of households rent, and 24.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Molalla is $7,247 per month. Households that rent pay about 23.03% of their income on rent here. Molalla’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shady Dell, OR: higher priced homes
- Dickey Prairie, OR: equally priced homes
- Hamricks Corner, OR: higher priced homes
- Mulino, OR: higher priced homes
- Fernwood, OR: equally priced homes
- Oaklawn, OR: higher priced homes
- Colton, OR: higher priced homes
- Monitor, OR: higher priced homes
- Old Colton, OR: higher priced homes
- Whiskey Hill, OR: higher priced homes
Cities with Similar Populations
- Logan, OH: less expensive homes
- Mount Sterling, KY: less expensive homes
- Morehead, KY: less expensive homes
- Monument, CO: higher priced homes
- Marco Island, FL: higher priced homes
- Mansfield, MA: higher priced homes
- Manlius, NY: less expensive homes
- Madison, NJ: higher priced homes
- Macomb, IL: less expensive homes
- Lugoff, SC: less expensive homes
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