Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murphy area can be challenging. Home prices in Murphy are now at a median cost of $338,747, lower than the Oregon average of $365,363.
The average cost of rent is $1,141/mo in Murphy, primarily driven by the current value of real estate in the Murphy area. While nearly 41.67% of residents own their homes outright in Murphy, 13.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murphy is $4,191 per month. Households that rent pay about 27.23% of their income on rent here. Murphy's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Grants Pass, OR: equally priced homes
- Williams, OR: higher priced homes
- Wilderville, OR: equally priced homes
- Rogue River, OR: less expensive homes
- Selma, OR: less expensive homes
- Wonder, OR: higher priced homes
- Merlin, OR: equally priced homes
- Ruch, OR: higher priced homes
- Gold Hill, OR: equally priced homes
- Jacksonville, OR: higher priced homes
Cities with Similar Populations
- Olin, NC: less expensive homes
- Fredonia, PA: less expensive homes
- Hagerman, ID: less expensive homes
- Amity, AR: less expensive homes
- Hamilton, MO: less expensive homes
- Hampton Station, TN: less expensive homes
- Hewitt, WI: less expensive homes
- Huntsville, MO: less expensive homes
- John Day, OR: less expensive homes
- Lake Park, MN: less expensive homes
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