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Affordable
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These days, finding an affordable place to live in the Pratum area can be challenging. Home prices in Pratum are now at a median cost of $609,865, higher than the Oregon average of $502,078.
The average cost of rent is $1,467/mo in Pratum, primarily driven by the current value of real estate in the Pratum area. In Pratum, 18.30% of households rent, and 55.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pratum is $7,727 per month. Households that rent pay about 18.99% of their income on rent here. Pratum’s most expensive areas are in the central 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
- Shaw, OR: higher priced homes
- Silverton, OR: less expensive homes
- Hayesville, OR: less expensive homes
- Four Corners, OR: less expensive homes
- Labish Village, OR: less expensive homes
- St. Benedict, OR: less expensive homes
- Salem, OR: less expensive homes
- Mount Angel, OR: less expensive homes
- Keizer, OR: less expensive homes
- Aumsville, OR: less expensive homes
Cities with Similar Populations
- Norwood, TX: less expensive homes
- Prospect, AL: less expensive homes
- Primm, NV: less expensive homes
- Preemption, IL: less expensive homes
- Poy Sippi, WI: less expensive homes
- Pleasant Ridge, TX: less expensive homes
- Piave, MS: less expensive homes
- Pea Ridge, AL: less expensive homes
- Parkers Crossroads, TN: less expensive homes
- Palestine, TN: less expensive homes
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