Housing costs in Madras?
A typical home costs
$313,000, which is 7.4% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Madras costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,520.
Can I afford Madras?
To live comfortably in Madras, Oregon, a minimum annual income of
$60,120 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Madras?
Madras, OR is a great place to live with an affordable cost of living. Housing costs in Madras are lower than the national average, and the median home value is around $187,000. Rent for a one-bedroom apartment averages around $800 per month, while a three-bedroom apartment can be rented for an average of $1,100 per month. Grocery prices are relatively low as well, and utilities tend to be reasonably priced compared to other parts of the country. With all this in mind, it's easy to see why Madras is an attractive option for those looking for a place to live with an affordable cost of living.