The Most Affordable Neighborhoods in Shady Cove, OR by Home Value

 

Shady Cove, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shady Cove area can be challenging. Home prices in Shady Cove are now at a median cost of $249,218, lower than the Oregon average of $365,363.

The average cost of rent is $1,155/mo in Shady Cove, primarily driven by the current value of real estate in the Shady Cove area. While nearly 39.87% of residents own their homes outright in Shady Cove, 25.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shady Cove is $4,248 per month. Households that rent pay about 27.19% of their income on rent here. Shady Cove's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.


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