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Affordable
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These days, finding an affordable place to live in the Timber area can be challenging. Home prices in Timber are now at a median cost of $651,793, higher than the Oregon average of $502,078.
The average cost of rent is $1,527/mo in Timber, primarily driven by the current value of real estate in the Timber area. In Timber, 11.66% of households rent, and 20.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Timber is $11,218 per month. Households that rent pay about 13.61% of their income on rent here. Timber’s most expensive areas are in the southern 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
- Scofield, OR: higher priced homes
- Tophill, OR: less expensive homes
- Buxton, OR: equally priced homes
- Manning, OR: equally priced homes
- Gales Creek, OR: less expensive homes
- Banks, OR: equally priced homes
- Vernonia, OR: less expensive homes
- Glenwood, OR: less expensive homes
- Greenville, OR: higher priced homes
- Schefflin, OR: higher priced homes
Cities with Similar Populations
- Casa, AR: less expensive homes
- Watson, OK: less expensive homes
- Vinco, OK: less expensive homes
- Cofer, KY: less expensive homes
- Coaldale, CO: less expensive homes
- Clubview Heights, AL: less expensive homes
- Cliffield, VA: less expensive homes
- Christine, ND: less expensive homes
- Cheek, TX: less expensive homes
- Chase Mills, ME: less expensive homes
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