
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Southeast Mill Creek area can be challenging. Home prices in Southeast Mill Creek are now at a median cost of $481,335, higher than the Salem average of $436,043.
The average cost of rent is $1,187/mo in Southeast Mill Creek, primarily driven by the current value of real estate in the Southeast Mill Creek area. In Southeast Mill Creek, 37.15% of households rent, and 43.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Southeast Mill Creek is $5,586 per month. Households that rent pay about 21.25% of their income on rent here. Southeast Mill Creek’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Grant, Salem, OR: less expensive homes
- Oak Park, Salem, OR: less expensive homes
- East Albany, Albany, OR: less expensive homes
- North Albany, Albany, OR: higher priced homes
- Willamette, Albany, OR: less expensive homes
- Santiam, Albany, OR: less expensive homes
- Periwinkle, Albany, OR: less expensive homes
- South Albany, Albany, OR: less expensive homes
- Aurora-Butteville-Barlow, Canby, OR: higher priced homes
- South Corvallis Neighbors, Corvallis, OR: less expensive homes
Neighborhoods with Similar Populations
- Queensboro-Brentwood-Crystal Spgs, Bothell, WA: higher priced homes
- Highlands Park, Smyrna, GA: equally priced homes
- Holiday Park, Palm Bay, FL: less expensive homes
- Homestead, Portland, OR: higher priced homes
- Houghton, Tucson, AZ: equally priced homes
- Hunterwood, Houston, TX: less expensive homes
- Indian River Park, Mims, FL: less expensive homes
- Indian Village, Lincoln, NE: less expensive homes
- Keewaydin, Minneapolis, MN: less expensive homes
- Lake Hollingsworth, Lakeland, FL: equally priced homes
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