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These days, finding an affordable place to live in the Valley Falls area can be challenging. Home prices in Valley Falls are now at a median cost of $290,404, lower than the Oregon average of $502,078.
The average cost of rent is $677/mo in Valley Falls, primarily driven by the current value of real estate in the Valley Falls area. In Valley Falls, 33.50% of households rent, and 56.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valley Falls is $6,393 per month. Households that rent pay about 10.60% of their income on rent here. Valley Falls’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Idaho, OR: higher priced homes
- Lakeview, OR: less expensive homes
- Plush, OR: less expensive homes
- Paisley, OR: less expensive homes
- West Side, OR: higher priced homes
- Adel, OR: less expensive homes
- New Pine Creek, OR: less expensive homes
- New Pine Creek, CA: less expensive homes
- Bly, OR: equally priced homes
- Fort Bidwell, CA: less expensive homes
Cities with Similar Populations
- Paradise, MO: higher priced homes
- Richmondale, PA: less expensive homes
- Richland, WV: less expensive homes
- Rich, MS: less expensive homes
- Rich, AR: less expensive homes
- Rice, KS: less expensive homes
- Rexburg, MS: less expensive homes
- Peterpender, AR: less expensive homes
- Petaca, NM: equally priced homes
- Paradox, CO: less expensive homes
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