The Most Affordable Neighborhoods in Molalla, OR by Home Value

 

Molalla, OR Map of Most Affordable Neighborhoods
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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 $372,019, higher than the Oregon average of $365,363.

The average cost of rent is $1,187/mo in Molalla, primarily driven by the current value of real estate in the Molalla area. While nearly 24.94% of residents own their homes outright in Molalla, 31.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in Molalla is $6,475 per month. Households that rent pay about 18.32% of their income on rent here. Molalla's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.


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