Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colony area can be challenging. Home prices in Colony are now at a median cost of $144,597, lower than the Oklahoma average of $161,319.
The average cost of rent is $630/mo in Colony, primarily driven by the current value of real estate in the Colony area. While nearly 64.33% of residents own their homes outright in Colony, 7.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colony is $4,500 per month. Households that rent pay about 13.99% of their income on rent here. Colony's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Corn, OK: less expensive homes
- Eakly, OK: less expensive homes
- Cowden, OK: equally priced homes
- Sickles, OK: less expensive homes
- Lookeba, OK: less expensive homes
- Bessie, OK: equally priced homes
- Binger, OK: less expensive homes
- Hinton, OK: less expensive homes
- Albert, OK: less expensive homes
- New Cordell, OK: less expensive homes
Cities with Similar Populations
- Scraper, OK: less expensive homes
- Eden, IL: higher priced homes
- Egypt, TX: higher priced homes
- Ellis Mills, TN: higher priced homes
- Elmo, MO: less expensive homes
- Sacul, TX: less expensive homes
- Saffell, AR: less expensive homes
- Safford, AL: less expensive homes
- Salem, GA: less expensive homes
- Salvo, NC: higher priced homes
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