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These days, finding an affordable place to live in the Riverside area can be challenging. Home prices in Riverside are now at a median cost of $227,000, lower than the Oregon average of $502,078.
The average cost of rent is $718/mo in Riverside, primarily driven by the current value of real estate in the Riverside area. In Riverside, 40.22% of households rent, and 56.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverside is $5,833 per month. Households that rent pay about 12.31% of their income on rent here. Riverside’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
- Juntura, OR: equally priced homes
- Venator, OR: higher priced homes
- Crane, OR: higher priced homes
- Harper, OR: equally priced homes
- Drewsey, OR: higher priced homes
- Buchanan, OR: higher priced homes
- Westfall, OR: equally priced homes
- Arock, OR: equally priced homes
- Diamond, OR: higher priced homes
- Harney, OR: higher priced homes
Cities with Similar Populations
- Revel, AR: less expensive homes
- North Cutler, ME: equally priced homes
- North Lilbourn, MO: less expensive homes
- Northcote, MN: less expensive homes
- Northgate, ND: less expensive homes
- Notre Dame, ME: less expensive homes
- Oakwood, TN: higher priced homes
- Orton, SD: less expensive homes
- Phillippy, TN: less expensive homes
- Ragland, KY: less expensive homes
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