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Affordable
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These days, finding an affordable place to live in the Wood Village area can be challenging. Home prices in Wood Village are now at a median cost of $264,280, lower than the Oregon average of $502,078.
The average cost of rent is $1,606/mo in Wood Village, primarily driven by the current value of real estate in the Wood Village area. In Wood Village, 49.28% of households rent, and 46.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wood Village is $6,300 per month. Households that rent pay about 25.49% of their income on rent here. Wood Village’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fairview, OR: higher priced homes
- Troutdale, OR: higher priced homes
- Gresham, OR: higher priced homes
- Camas, WA: higher priced homes
- Washougal, WA: higher priced homes
- Maywood Park, OR: higher priced homes
- Fern Prairie, WA: higher priced homes
- Corbett, OR: higher priced homes
- Cottrell, OR: higher priced homes
- Damascus, OR: higher priced homes
Cities with Similar Populations
- Tipton, MO: less expensive homes
- Dassel, MN: higher priced homes
- Riverside, MO: higher priced homes
- Riverdale, MD: higher priced homes
- Curtice, OH: less expensive homes
- River Falls, AL: less expensive homes
- Custer, SD: higher priced homes
- Riva, MD: higher priced homes
- Itta Bena, MS: less expensive homes
- Cutchogue, NY: higher priced homes
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