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These days, finding an affordable place to live in the Talent area can be challenging. Home prices in Talent are now at a median cost of $481,608, lower than the Oregon average of $502,078.
The average cost of rent is $1,462/mo in Talent, primarily driven by the current value of real estate in the Talent area. In Talent, 41.16% of households rent, and 45.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Talent is $5,676 per month. Households that rent pay about 25.75% of their income on rent here. Talent’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Phoenix, OR: less expensive homes
- Ashland, OR: higher priced homes
- Medford, OR: less expensive homes
- Table Rock, OR: higher priced homes
- Jacksonville, OR: higher priced homes
- Central Point, OR: less expensive homes
- Ruch, OR: higher priced homes
- Lakecreek, OR: equally priced homes
- White City, OR: less expensive homes
- Eagle Point, OR: less expensive homes
Cities with Similar Populations
- Rocky Face, GA: less expensive homes
- Richmond Heights, MO: less expensive homes
- Rio del Mar, CA: higher priced homes
- Ripley, MS: less expensive homes
- Rittman, OH: less expensive homes
- Riverdale, UT: less expensive homes
- Riverside, CT: higher priced homes
- Riverside, IL: equally priced homes
- Riviera Beach, MD: less expensive homes
- Roanoke, AL: less expensive homes
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