Home prices
The median home in Nehalem costs $228,400. It is about $130,260 (36%) lower compared to the surrounding areas.It is approximately $10,900 (5%) higher compared to the nation as a whole, and compared to the city of Portland is approximately $183,600 (44%) lower.
Rents
The median monthly rent in Nehalem is $1,000. It is about $125 (14%) higher in comparison to other places in this area.It is approximately $62 (5%) lower compared to the nation as a whole, and it is roughly $248 (19%) lower in comparison to the city of Portland.
Nearby places
Manzanita
Manzanita is roughly 1 mile west from Nehalem. The real estate prices there are significantly more expensive. The median home in Manzanita is valued at $456,000, which works out to $227,600 (49%) higher than Nehalem. The rent there is similar. In Manzanita the median rent is $1,050 per month, which comes out to $50 (4%) higher than Nehalem.
Wheeler
Wheeler is roughly 2 miles south from Nehalem. The real estate prices there are a little more expensive. The median home in Wheeler costs $281,800, which comes out to $53,400 (18%) higher than Nehalem. Its rents are a lot less expensive. The median monthly rent in Wheeler is $642, which comes out to $358 (55%) lower than Nehalem.
Rockaway Beach
Rockaway Beach is approximately 6 miles south of Nehalem. Real estate prices there are a bit less expensive. The median home in Rockaway Beach costs $206,000, which is $22,400 (10%) lower than Nehalem. The rent there is somewhat less expensive. Rockaway Beach's median monthly rent is $799, which works out to $201 (25%) lower than Nehalem.
Garibaldi
Garibaldi is roughly 9 miles south from Nehalem. The real estate prices there are somewhat more expensive. The median home price in Garibaldi is $261,700, which comes out to $33,300 (12%) higher than Nehalem. The rent there is similar. In Garibaldi the median monthly rent is $1,047, which comes out to $47 (4%) higher than Nehalem.
Cannon Beach
Cannon Beach is roughly 10 miles north of Nehalem. Housing prices there are substantially more expensive. The cost of the median home in Cannon Beach is $587,800, which works out to $359,400 (61%) higher than Nehalem. The rent there is a little less expensive. The median rent in Cannon Beach is $839 a month, which is $161 (19%) lower than Nehalem.
