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Affordable
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These days, finding an affordable place to live in the Alderson area can be challenging. Home prices in Alderson are now at a median cost of $203,895, lower than the Oklahoma average of $210,566.
The average cost of rent is $1,176/mo in Alderson, primarily driven by the current value of real estate in the Alderson area. In Alderson, 13.42% of households rent, and 62.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alderson is $6,272 per month. Households that rent pay about 18.74% of their income on rent here. Alderson’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Krebs, OK: less expensive homes
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- North McAlester, OK: less expensive homes
- Richville, OK: equally priced homes
- Dow, OK: less expensive homes
- Savanna, OK: equally priced homes
- Haileyville, OK: less expensive homes
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Cities with Similar Populations
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- Westfir, OR: higher priced homes
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- Eureka, UT: higher priced homes
- Vanzant, MO: equally priced homes
- Put-in-Bay, OH: higher priced homes
- Callaghan, VA: less expensive homes
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- Manila, UT: higher priced homes
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