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These days, finding an affordable place to live in the Powell Butte area can be challenging. Home prices in Powell Butte are now at a median cost of $699,800, higher than the Oregon average of $502,078.
The average cost of rent is $1,436/mo in Powell Butte, primarily driven by the current value of real estate in the Powell Butte area. In Powell Butte, 24.52% of households rent, and 39.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powell Butte is $10,631 per month. Households that rent pay about 13.51% of their income on rent here. Powell Butte’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prineville, OR: less expensive homes
- Pronghorn, OR: equally priced homes
- Grizzly, OR: less expensive homes
- Redmond, OR: less expensive homes
- Deschutes Junction, OR: equally priced homes
- Terrebonne, OR: less expensive homes
- Bend, OR: equally priced homes
- Tumalo, OR: higher priced homes
- Culver, OR: less expensive homes
- Metolius, OR: less expensive homes
Cities with Similar Populations
- Blanco, TX: less expensive homes
- Yuma, CO: less expensive homes
- Mount Angel, OR: less expensive homes
- Clayville, VA: less expensive homes
- New London, NH: less expensive homes
- Blaine, TN: less expensive homes
- North Liberty, IN: less expensive homes
- Caledonia, NY: less expensive homes
- Mulberry, AR: less expensive homes
- Bishop, TX: less expensive homes
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