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These days, finding an affordable place to live in the Olex area can be challenging. Home prices in Olex are now at a median cost of $262,480, lower than the Oregon average of $502,078.
The average cost of rent is $1,287/mo in Olex, primarily driven by the current value of real estate in the Olex area. In Olex, 26.87% of households rent, and 55.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olex is $6,234 per month. Households that rent pay about 20.64% of their income on rent here. Olex’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mikkalo, OR: less expensive homes
- Morgan, OR: less expensive homes
- Arlington, OR: equally priced homes
- Ione, OR: less expensive homes
- Cecil, OR: equally priced homes
- Condon, OR: less expensive homes
- Sundale, WA: equally priced homes
- Roosevelt, WA: equally priced homes
- Goodnoe Hills, WA: equally priced homes
- Lexington, OR: equally priced homes
Cities with Similar Populations
- Bird, NY: less expensive homes
- Wasioto, KY: less expensive homes
- Braddock, NJ: equally priced homes
- Warren, MT: higher priced homes
- Borden Wheeler Springs, AL: less expensive homes
- Vincent, AR: less expensive homes
- Vine Creek, KS: less expensive homes
- Blue, AZ: less expensive homes
- Virginia Colony, CA: higher priced homes
- Wasson, IL: less expensive homes
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