Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit area can be challenging. Home prices in Summit are now at a median cost of $418,800, higher than the Oregon average of $365,363.
The average cost of rent is $989/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 44.01% of residents own their homes outright in Summit, 14.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $6,667 per month. Households that rent pay about 14.84% of their income on rent here. Summit's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Blodgett, OR: equally priced homes
- Burnt Woods, OR: less expensive homes
- Kings Valley, OR: equally priced homes
- Nashville, OR: equally priced homes
- Harlan, OR: less expensive homes
- Eddyville, OR: less expensive homes
- Wren, OR: higher priced homes
- Pedee, OR: equally priced homes
- Philomath, OR: equally priced homes
- Logsden, OR: less expensive homes
Cities with Similar Populations
- Kanona, KS: less expensive homes
- Jelm, WY: equally priced homes
- Jemtland, ME: less expensive homes
- Jerseyville, NJ: higher priced homes
- Johnson, TX: less expensive homes
- Jones Ridge, IL: less expensive homes
- Joy, AR: less expensive homes
- Judge Town, ID: less expensive homes
- Juno Ridge, FL: less expensive homes
- Juno, TX: less expensive homes
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