Similar to other places in this area, it's a little less expensive compared to the entire nation. Compared to the city of Portland however, it's substantially less expensive.
Home prices
The median home in Rainier is valued at $187,800. In comparison to the surrounding areas it is approximately $9,000 (4%) lower.It is roughly $29,700 (13%) lower in comparison to the entire country, and is approximately $224,200 (54%) lower compared to the city of Portland.
Rents
The median rent in Rainier is $737 per month. This is about $146 (16%) lower in comparison to its surrounding areas.In comparison to the country as a whole it is about $325 (30%) lower, and is approximately $511 (40%) lower compared to the city of Portland.
Nearby places
Prescott
Prescott is about 2 miles southeast of Rainier. Its housing prices are a little less expensive. Prescott's median home price is $172,900, which is $14,900 (8%) lower than Rainier. Its rents are somewhat more expensive. Prescott's median monthly rent is $1,025, which works out to $288 (28%) higher than Rainier.
Kelso
Kelso is about 3 miles northeast from Rainier. Its real estate prices are somewhat less expensive. Kelso's median home price is $148,100, which is $39,700 (26%) lower than Rainier. Its rents are a bit more expensive. In Kelso the median rent is $833 a month, which comes out to $96 (11%) higher than Rainier.
Longview
Longview is about 4 miles north of Rainier. Its housing prices are fairly similar. The cost of the median home in Longview is $190,400, which works out to $2,600 (1%) higher than Rainier. Rent there is a little more expensive. In Longview the median rent is $859 per month, which comes out to $122 (14%) higher than Rainier.
Kalama
Kalama is roughly 5 miles southeast from Rainier. Its real estate prices are somewhat more expensive. The cost of the median home in Kalama is $248,200, which comes out to $60,400 (24%) higher than Rainier. The rent there is similar. The median rent in Kalama is $775 per month, which is $38 (4%) higher than Rainier.
Longview Heights
Longview Heights is approximately 6 miles north from Rainier. Its housing prices are a bit more expensive. Longview Heights's median home value is $224,400, which works out to $36,600 (16%) higher than Rainier. The rent there is a bit more expensive. The median monthly rent in Longview Heights is $924, which comes out to $187 (20%) higher than Rainier.
