Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $381,300, lower than the Oregon average of $502,078.
The average cost of rent is $667/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. In Princeton, 32.71% of households rent, and 70.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $5,703 per month. Households that rent pay about 11.70% of their income on rent here. Princeton’s most expensive areas are in the central 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
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