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These days, finding an affordable place to live in the Peel area can be challenging. Home prices in Peel are now at a median cost of $304,373, lower than the Oregon average of $502,078.
The average cost of rent is $948/mo in Peel, primarily driven by the current value of real estate in the Peel area. In Peel, 23.51% of households rent, and 41.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peel is $6,782 per month. Households that rent pay about 13.98% of their income on rent here. Peel’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glide, OR: higher priced homes
- Idleyld Park, OR: equally priced homes
- Dixonville, OR: higher priced homes
- Nonpareil, OR: higher priced homes
- Roseburg North, OR: less expensive homes
- Glengary, OR: higher priced homes
- Days Creek, OR: higher priced homes
- Roseburg, OR: higher priced homes
- Winchester, OR: higher priced homes
- Wilbur, OR: higher priced homes
Cities with Similar Populations
- Hosterman, WV: less expensive homes
- Hobby, GA: less expensive homes
- Holder, IL: less expensive homes
- Hollis, NC: less expensive homes
- Homewood, AR: less expensive homes
- Honeycutt, TN: less expensive homes
- Hopeton, OK: less expensive homes
- Horse Thief, AZ: higher priced homes
- Hortonville, VT: equally priced homes
- Hingham, MT: less expensive homes
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