Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Phoenix area can be challenging. Home prices in Phoenix are now at a median cost of $180,535, lower than the Oregon average of $365,363.
The average cost of rent is $943/mo in Phoenix, primarily driven by the current value of real estate in the Phoenix area. While nearly 73.18% of residents own their homes outright in Phoenix, 26.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Phoenix is $4,084 per month. Households that rent pay about 23.10% of their income on rent here. Phoenix's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Talent, OR: higher priced homes
- Medford, OR: higher priced homes
- Table Rock, OR: higher priced homes
- Jacksonville, OR: higher priced homes
- Central Point, OR: higher priced homes
- Ashland, OR: higher priced homes
- Ruch, OR: higher priced homes
- White City, OR: higher priced homes
- Eagle Point, OR: higher priced homes
- Lakecreek, OR: higher priced homes
Cities with Similar Populations
- Tazewell, TN: less expensive homes
- Fruitvale, CO: higher priced homes
- Furlong, PA: higher priced homes
- Summerdale, AL: higher priced homes
- Sunset, LA: higher priced homes
- Swansboro, NC: higher priced homes
- Swansea, SC: less expensive homes
- Tallulah, LA: less expensive homes
- Taylor Mill, KY: equally priced homes
- Friday Harbor, WA: higher priced homes
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