Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olene area can be challenging. Home prices in Olene are now at a median cost of $387,863, higher than the Oregon average of $365,363.
The average cost of rent is $1,179/mo in Olene, primarily driven by the current value of real estate in the Olene area. While nearly 30.57% of residents own their homes outright in Olene, 11.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olene is $8,490 per month. Households that rent pay about 13.88% of their income on rent here. Olene's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Altamont, OR: less expensive homes
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- Pelican City, OR: less expensive homes
- Midland, OR: less expensive homes
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Cities with Similar Populations
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- Hawley, TX: less expensive homes
- Hanover, IL: less expensive homes
- Greenview, TX: less expensive homes
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