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These days, finding an affordable place to live in the Philomath area can be challenging. Home prices in Philomath are now at a median cost of $466,293, lower than the Oregon average of $502,078.
The average cost of rent is $1,471/mo in Philomath, primarily driven by the current value of real estate in the Philomath area. In Philomath, 23.12% of households rent, and 35.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Philomath is $7,091 per month. Households that rent pay about 20.75% of their income on rent here. Philomath’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wren, OR: higher priced homes
- Nashville, OR: higher priced homes
- Corvallis, OR: equally priced homes
- Lewisburg, OR: higher priced homes
- Oakville, OR: less expensive homes
- Peoria, OR: higher priced homes
- Orleans, OR: less expensive homes
- Bellfountain, OR: equally priced homes
- Blodgett, OR: equally priced homes
- Summit, OR: higher priced homes
Cities with Similar Populations
- Fruitland, ID: less expensive homes
- Gonzales, CA: higher priced homes
- Glenwood, IL: less expensive homes
- Glens Falls North, NY: less expensive homes
- Getzville, NY: less expensive homes
- Germantown, OH: less expensive homes
- Gering, NE: less expensive homes
- Georgetown, MA: higher priced homes
- Geismar, LA: less expensive homes
- Garrett, IN: less expensive homes
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