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Affordable
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These days, finding an affordable place to live in the Shorewood area can be challenging. Home prices in Shorewood are now at a median cost of $494,928, lower than the Oregon average of $502,078.
The average cost of rent is $1,429/mo in Shorewood, primarily driven by the current value of real estate in the Shorewood area. In Shorewood, 2.58% of households rent, and 46.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shorewood is $6,551 per month. Households that rent pay about 21.81% of their income on rent here. Shorewood’s most expensive areas are in the central 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
- Glasgow, OR: less expensive homes
- North Bend, OR: less expensive homes
- Hauser, OR: less expensive homes
- Saunders Lake, OR: equally priced homes
- Coos Bay, OR: less expensive homes
- Lakeside, OR: less expensive homes
- Eastside, OR: less expensive homes
- Allegany, OR: less expensive homes
- Libby, OR: less expensive homes
- Dellwood, OR: less expensive homes
Cities with Similar Populations
- Westdale, NY: less expensive homes
- Toro Canyon, CA: higher priced homes
- Wealthy, TX: less expensive homes
- Wesley, GA: less expensive homes
- West Bush, NY: less expensive homes
- West Glover, VT: less expensive homes
- West Grove, IA: less expensive homes
- West Okoboji, IA: less expensive homes
- West Springs, SC: less expensive homes
- West Unity, NH: less expensive homes
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