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These days, finding an affordable place to live in the Springbrook area can be challenging. Home prices in Springbrook are now at a median cost of $1,100,900, higher than the Oregon average of $502,078.
The average cost of rent is $1,368/mo in Springbrook, primarily driven by the current value of real estate in the Springbrook area. In Springbrook, 12.73% of households rent, and 40.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springbrook is $13,706 per month. Households that rent pay about 9.98% of their income on rent here. Springbrook’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newberg, OR: less expensive homes
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Cities with Similar Populations
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- Red Oak, IL: less expensive homes
- Redcrest, CA: less expensive homes
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