The Most Affordable Neighborhoods in Mount Hood-Parkdale, OR by Home Value

 

Mount Hood-Parkdale, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Hood-Parkdale area can be challenging. Home prices in Mount Hood-Parkdale are now at a median cost of $670,392, higher than the Oregon average of $502,078.

The average cost of rent is $1,321/mo in Mount Hood-Parkdale, primarily driven by the current value of real estate in the Mount Hood-Parkdale area. In Mount Hood-Parkdale, 26.34% of households rent, and 57.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mount Hood-Parkdale is $8,717 per month. Households that rent pay about 15.16% of their income on rent here. Mount Hood-Parkdale’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.


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