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Affordable
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These days, finding an affordable place to live in the Svensen area can be challenging. Home prices in Svensen are now at a median cost of $471,517, lower than the Oregon average of $502,078.
The average cost of rent is $1,550/mo in Svensen, primarily driven by the current value of real estate in the Svensen area. In Svensen, 13.23% of households rent, and 55.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Svensen is $7,587 per month. Households that rent pay about 20.43% of their income on rent here. Svensen’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Knappa, OR: equally priced homes
- Fern Hill, OR: equally priced homes
- Brownsmead, OR: less expensive homes
- Olney, OR: higher priced homes
- Clifton, OR: less expensive homes
- Astoria, OR: equally priced homes
- Miles Crossing, OR: higher priced homes
- Melville, OR: higher priced homes
- Jeffers Garden, OR: equally priced homes
- Rosburg, WA: less expensive homes
Cities with Similar Populations
- Grit, TX: higher priced homes
- Hardinville, IL: less expensive homes
- Hannibal, WI: less expensive homes
- Hannahs Mill, GA: less expensive homes
- Hancocks Bridge, NJ: less expensive homes
- Hamer, NC: less expensive homes
- Hamburg, VA: less expensive homes
- Hamburg, CT: higher priced homes
- Halsell, AL: less expensive homes
- Hailey, MO: less expensive homes
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