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These days, finding an affordable place to live in the Balko area can be challenging. Home prices in Balko are now at a median cost of $97,300, lower than the Oklahoma average of $210,566.
The average cost of rent is $950/mo in Balko, primarily driven by the current value of real estate in the Balko area. In Balko, 17.48% of households rent, and 76.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Balko is $4,453 per month. Households that rent pay about 21.33% of their income on rent here. Balko’s most expensive areas are in the central 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
- Gray, OK: equally priced homes
- Elmwood, OK: higher priced homes
- Knowles, OK: higher priced homes
- Adams, OK: higher priced homes
- Clear Lake, OK: higher priced homes
- Logan, OK: higher priced homes
- Hardesty, OK: higher priced homes
- Slapout, OK: higher priced homes
- Optima, OK: higher priced homes
- Guymon, OK: higher priced homes
Cities with Similar Populations
- Otter Creek, FL: higher priced homes
- Ironton, WI: higher priced homes
- Tarrant, WI: higher priced homes
- Talleyrand, IA: higher priced homes
- Takilma, OR: higher priced homes
- Ino, WI: higher priced homes
- Deer Creek, OK: higher priced homes
- Indian Grove, MO: higher priced homes
- Hynson, MD: higher priced homes
- Hyannis, NE: higher priced homes
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