From the breathtaking beauty of the Oregon Coast, filled with rugged cliffs and picturesque beaches, to the lush Cascade Mountains, and the royal blue waters of Crater Lake National Park, Oregon is truly one of the highlights of the Pacific Northwest one. If Oregon sounds like a good fit for you, you might also be curious about which cities fit your budget. As of June, Oregon median home sales price It’s $523,500.
Don’t worry if that price doesn’t fit your budget. Redfin has rounded up the 7 most affordable places to live in Oregon. Best of all, the median home sales price in each of them is less than $523,500. from springfield arrive Salemlet’s take a look at which cities are on the list.
#1: Medford
Median house price: $400,000
Average sales price per square foot: $263
Average rent for a one-bedroom apartment: $1,350
Median household income: $65,647
Nearest major subway: Eugene (168 miles)
Medford, OR Homes for Sale
Medford, OR Apartments for Rent
With a median home sale price of $400,000, Medford ranks No. 1 on our list of the most affordable places to live in Oregon. This gem is located in southern Oregon, approx. It has 85,000 residents and is just about an hour away from the iconic Crater Lake. There are plenty of things to do in the city, you can hike in Prescott Park, play golf at one of the clubs, or explore the charming downtown filled with breweries, local cafes, and museums.
#2: Springfield
Median house price: $405,000
Average sales price per square foot: $308
Average rent for a one-bedroom apartment: $1,395
Median household income: $49,938
Nearest major subway: Eugene (5 miles)
Springfield, OR Homes for Sale
Apartments for Rent in Springfield, OR
Second on the list of affordable cities to live in Oregon is springfield. This medium-sized city is home to approximately 61,800 residents. If you’re considering moving to the area, be sure to explore the scenic Thurston Mountain Natural Area and Wallace M. Love Jr. Memorial Park, or immerse yourself in vibrant downtown Springfield, where you’ll Discover a variety of charming shops and delicious food.
#3: Albany
Median house price: $430,000
Average sales price per square foot: $275
Average rent for a one-bedroom apartment: $1,400
Median household income: $62,172
Nearest major subway: Salem (26 miles)
Albany, OR Homes for Sale
Albany, OR Apartments for Rent
Median home sales price Albany About $100,000 less than the state average, so this is a great city to consider moving to this year. While you’re in this city of 56,500, stroll the Dave Clark Trail along the Willamette River, visit the historic carousel and museum, and explore Historic city center with many local shops and restaurants.
#4: Salem
Median house price: $454,995
Average sales price per square foot: $260
Average rent for a one-bedroom apartment: $1,372
Median household income: $58,726
Nearest major subway: Portland (46 miles)
Salem, OR Homes for Sale
Apartments for Rent in Salem, OR
Ranking fourth is Salem, with about 175,500 residents. The median home sale is $440,000, about $70,000 lower than the Oregon median home sale. if you find yourself moving to salembe sure to visit museums like the Oregon State Capitol and Willamette Heritage Center, explore beautiful Riverside City Park, and check out events at the Oregon State Fairgrounds.
#5: Eugene
Median house price: $468,750
Average sales price per square foot: $299
Average rent for a one-bedroom apartment: $1,710
Median household income: $62,172
Nearest major subway: Portland (110 miles)
Eugene, OR Homes for Sale
Eugene, OR Apartments for Rent
The next city on our list, Eugene, is only slightly more expensive than Salem. About 176,600 people Live in Eugene, where there are many unique activities to participate in. Be sure to spend a day at one of the many parks such as Delta Ponds, Maurie Jacobs Park or Alton Baker Park, explore the charming downtown area, or walk or bike along the Ruth Bascom Riverbank Trail.
#6: Gresham
Median house price: $496,200
Average sales price per square foot: $270
Average rent for a one-bedroom apartment: $1,553
Median household income: $62,172
Nearest major subway: Portland (17 miles)
Gresham, OR Homes for Sale
Apartments for Rent in Gresham, OR
Gresham ranks sixth on the list of affordable places to live in Oregon. With a city of 114,200 residents, you don’t need to live in a major metropolitan area to enjoy the conveniences of city life when you move to this affordable city. Gresham If you’d like to head into the city for a meal, attend a concert or spend the day exploring the riverfront, it’s conveniently located just 17 miles east of Portland. In Gresham, you can visit Hogan Butte Nature Park, the vast Oxbow Regional Park just outside the city, and walk along the Springwater Corridor Trail.
#7: Aloha
Median house price: $520,000
Average sales price per square foot: $303
Average rent for a one-bedroom apartment: $1,295
Median household income: $90,533
Nearest major subway: Portland (13 miles)
Aloha, OR Homes for Sale
Aloha, OR Apartments for Rent
The final location is Aloha, one of Portland’s many well-known and affordable suburbs. With approximately 53,500 people living in Aloha, Aloha is a good choice if you’re looking for a mid-sized city in Oregon. Whether you’re looking to spend the day outdoors or looking for indoor options for a rainy day, there’s plenty to do in Aloha. Be sure to visit one of the town’s parks, such as Mountain View Champions Park, Whispering Woods, or nearby Tualatin Mountain Nature Park.
method: According to the U.S. Census, all cities must have more than 50,000 residents and have a median home sales price lower than the average median home sales price in Oregon. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period June 2024 rental network July 2023. U.S. Census Bureau.
