The Most Affordable Neighborhoods in Sommerset West-Elmonica North, Bethany, OR by Home Value

 

Sommerset West-Elmonica North, Bethany, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sommerset West-Elmonica North area can be challenging. Home prices in Sommerset West-Elmonica North are now at a median cost of $710,277, lower than the Bethany average of $757,235.

The average cost of rent is $2,302/mo in Sommerset West-Elmonica North, primarily driven by the current value of real estate in the Sommerset West-Elmonica North area. In Sommerset West-Elmonica North, 37.21% of households rent, and 29.75% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sommerset West-Elmonica North is $13,102 per month. Households that rent pay about 17.57% of their income on rent here. Sommerset West-Elmonica North’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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