Housing costs in Myrtle Point?
A typical home costs
$283,000, which is 16.3% less expensive than the national average of
$338,100 and 39.6% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Myrtle Point costs
$1,030 per month, which is 32.2% cheaper than the national average of
$1,520 and close to the state average of
$1,010.
Can I afford Myrtle Point?
To live comfortably in Myrtle Point (zip 97458), Oregon, a minimum annual income of
$54,360 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Myrtle Point?
The cost of living in 97458 Myrtle Point, OR is slightly above the national average. The median home value is $194,400 and the median household income is $46,814. While prices for food and groceries are higher compared to other places, the cost of housing remains relatively low due to lower real estate prices. The average cost of a one-bedroom apartment is around $735 per month. All in all, 97458 Myrtle Point, OR offers a more affordable alternative to other cities in Oregon while still providing access to an array of amenities and entertainment options.