The Most Affordable Neighborhoods in New Idaho, OR by Home Value

 

New Idaho, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Idaho area can be challenging. Home prices in New Idaho are now at a median cost of $392,241, lower than the Oregon average of $502,078.

The average cost of rent is $955/mo in New Idaho, primarily driven by the current value of real estate in the New Idaho area. In New Idaho, 13.58% of households rent, and 40.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Idaho is $9,192 per month. Households that rent pay about 10.39% of their income on rent here. New Idaho’s most expensive areas are in the central 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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