The Most Affordable Neighborhoods in Rainier, OR by Home Value

 

Rainier, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rainier area can be challenging. Home prices in Rainier are now at a median cost of $290,899, lower than the Oregon average of $365,363.

The average cost of rent is $946/mo in Rainier, primarily driven by the current value of real estate in the Rainier area. While nearly 39.67% of residents own their homes outright in Rainier, 20.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rainier is $5,096 per month. Households that rent pay about 18.55% of their income on rent here. Rainier's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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