Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect area can be challenging. Home prices in Prospect are now at a median cost of $257,192, lower than the Oregon average of $365,363.
The average cost of rent is $880/mo in Prospect, primarily driven by the current value of real estate in the Prospect area. While nearly 54.31% of residents own their homes outright in Prospect, 26.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect is $4,287 per month. Households that rent pay about 20.53% of their income on rent here. Prospect's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Trail, OR: higher priced homes
- Butte Falls, OR: higher priced homes
- Shady Cove, OR: equally priced homes
- Eagle Point, OR: higher priced homes
- Tiller, OR: less expensive homes
- Lakecreek, OR: higher priced homes
- White City, OR: higher priced homes
- Fort Klamath, OR: less expensive homes
- Crater Lake, OR: less expensive homes
- Rocky Point, OR: less expensive homes
Cities with Similar Populations
- Popcorn, IN: less expensive homes
- Red Stone, GA: less expensive homes
- Red Rock, GA: less expensive homes
- Rebecca, GA: less expensive homes
- Rankin, TX: less expensive homes
- Purgitsville, WV: less expensive homes
- Progress, TX: less expensive homes
- Primrose, GA: less expensive homes
- Prentiss, KY: less expensive homes
- Reeve, WI: less expensive homes
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