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These days, finding an affordable place to live in the Talbot area can be challenging. Home prices in Talbot are now at a median cost of $631,315, higher than the Oregon average of $502,078.
The average cost of rent is $1,376/mo in Talbot, primarily driven by the current value of real estate in the Talbot area. In Talbot, 3.98% of households rent, and 31.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Talbot is $9,892 per month. Households that rent pay about 13.91% of their income on rent here. Talbot’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dever, OR: equally priced homes
- Sidney, OR: higher priced homes
- Palestine, OR: higher priced homes
- Millersburg, OR: less expensive homes
- Jefferson, OR: less expensive homes
- Suver, OR: equally priced homes
- Parker, OR: equally priced homes
- Adair Village, OR: equally priced homes
- Albany, OR: less expensive homes
- Independence, OR: less expensive homes
Cities with Similar Populations
- Grier City, PA: less expensive homes
- Smiths Creek, KY: less expensive homes
- Smith Oaks, TX: less expensive homes
- Slocums, OH: less expensive homes
- Slateford, PA: less expensive homes
- Skanee, MI: less expensive homes
- Hallsville, NY: less expensive homes
- Sinclair, IA: less expensive homes
- Simmons, MO: less expensive homes
- Shivwits, UT: higher priced homes
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