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Affordable
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These days, finding an affordable place to live in the Shedd area can be challenging. Home prices in Shedd are now at a median cost of $412,435, lower than the Oregon average of $502,078.
The average cost of rent is $1,259/mo in Shedd, primarily driven by the current value of real estate in the Shedd area. In Shedd, 37.49% of households rent, and 41.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shedd is $9,572 per month. Households that rent pay about 13.15% of their income on rent here. Shedd’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Halsey, OR: less expensive homes
- Oakville, OR: less expensive homes
- Peoria, OR: higher priced homes
- Plainview, OR: higher priced homes
- Tangent, OR: less expensive homes
- Brownsville, OR: equally priced homes
- Miller, OR: higher priced homes
- Orleans, OR: less expensive homes
- Sodaville, OR: higher priced homes
- Union Point, OR: higher priced homes
Cities with Similar Populations
- Plainfield, IA: less expensive homes
- Red Valley, AZ: less expensive homes
- Ravia, OK: less expensive homes
- Randolph, OH: less expensive homes
- Prinsburg, MN: less expensive homes
- Potters Hill, NC: less expensive homes
- Pond Spring, GA: less expensive homes
- Polkville, MS: less expensive homes
- Pleasant Valley, IA: higher priced homes
- Pleasant Grove, CA: higher priced homes
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