Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Otis area can be challenging. Home prices in Otis are now at a median cost of $224,609, lower than the Oregon average of $365,363.
The average cost of rent is $1,015/mo in Otis, primarily driven by the current value of real estate in the Otis area. While nearly 43.08% of residents own their homes outright in Otis, 28.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Otis is $4,579 per month. Households that rent pay about 22.16% of their income on rent here. Otis's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Neotsu, OR: higher priced homes
- Roads End, OR: higher priced homes
- Three Rocks, OR: higher priced homes
- DeLake, OR: equally priced homes
- Rose Lodge, OR: higher priced homes
- Lincoln City, OR: higher priced homes
- Nelscott, OR: higher priced homes
- Neskowin, OR: higher priced homes
- Meda, OR: higher priced homes
- Gleneden Beach, OR: higher priced homes
Cities with Similar Populations
- Stapleton, AL: less expensive homes
- Herington, KS: less expensive homes
- Middle Grove, NY: higher priced homes
- Neeses, SC: less expensive homes
- Albany, WI: less expensive homes
- Oldtown, ID: equally priced homes
- Seaside Heights, NJ: higher priced homes
- Smethport, PA: less expensive homes
- St. Stephen, MN: higher priced homes
- Nokomis, IL: less expensive homes
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