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These days, finding an affordable place to live in the Nehalem area can be challenging. Home prices in Nehalem are now at a median cost of $516,486, higher than the Oregon average of $502,078.
The average cost of rent is $1,305/mo in Nehalem, primarily driven by the current value of real estate in the Nehalem area. In Nehalem, 7.12% of households rent, and 54.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nehalem is $5,610 per month. Households that rent pay about 23.26% of their income on rent here. Nehalem’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Manzanita, OR: higher priced homes
- Wheeler, OR: less expensive homes
- Brighton, OR: less expensive homes
- Arch Cape, OR: higher priced homes
- Rockaway Beach, OR: less expensive homes
- Twin Rocks, OR: less expensive homes
- Garibaldi, OR: less expensive homes
- Tolovana Park, OR: higher priced homes
- Cannon Beach, OR: higher priced homes
- Bay City, OR: less expensive homes
Cities with Similar Populations
- Waterville, NY: less expensive homes
- Log Lane Village, CO: less expensive homes
- Tuxedo Park, NY: higher priced homes
- Hudson, IL: less expensive homes
- Hatch, NM: less expensive homes
- Wadmalaw Island, SC: equally priced homes
- Forest Heights, MD: less expensive homes
- Milton, KY: less expensive homes
- El Dorado, CA: higher priced homes
- Eagle, NE: less expensive homes
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