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These days, finding an affordable place to live in the Chelsea area can be challenging. Home prices in Chelsea are now at a median cost of $148,073, lower than the Oklahoma average of $210,566.
The average cost of rent is $824/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. In Chelsea, 28.52% of households rent, and 50.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $5,035 per month. Households that rent pay about 16.36% of their income on rent here. Chelsea’s most expensive areas are in the southern 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
- Winganon, OK: less expensive homes
- Catale, OK: higher priced homes
- New Alluwe, OK: higher priced homes
- Foyil, OK: higher priced homes
- Keetonville, OK: higher priced homes
- Sequoyah, OK: higher priced homes
- Adair, OK: higher priced homes
- Big Cabin, OK: higher priced homes
- Claremore, OK: higher priced homes
- Sageeyah, OK: higher priced homes
Cities with Similar Populations
- Elberta, AL: higher priced homes
- South Oroville, CA: higher priced homes
- South Hill, VA: higher priced homes
- South Grafton, MA: higher priced homes
- Eastwood, MI: higher priced homes
- Edgefield, SC: equally priced homes
- Edinburg, VA: higher priced homes
- Edinburgh, IN: higher priced homes
- Edmonton, KY: less expensive homes
- Edwardsville, KS: higher priced homes
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