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Affordable
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These days, finding an affordable place to live in the Edmond area can be challenging. Home prices in Edmond are now at a median cost of $359,247, higher than the Oklahoma average of $210,566.
The average cost of rent is $1,682/mo in Edmond, primarily driven by the current value of real estate in the Edmond area. In Edmond, 25.72% of households rent, and 32.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edmond is $10,508 per month. Households that rent pay about 16.01% of their income on rent here. Edmond’s most expensive areas are in the northeastern 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
- The Village, OK: less expensive homes
- Nichols Hills, OK: higher priced homes
- Seward, OK: less expensive homes
- Arcadia, OK: higher priced homes
- Navina, OK: higher priced homes
- Forest Park, OK: less expensive homes
- Warr Acres, OK: less expensive homes
- Jones, OK: equally priced homes
- Spencer, OK: less expensive homes
- Woodlawn Park, OK: less expensive homes
Cities with Similar Populations
- Lauderhill, FL: less expensive homes
- Largo, FL: less expensive homes
- Lawrence, MA: higher priced homes
- Laredo, TX: less expensive homes
- Leander, TX: higher priced homes
- Kennewick, WA: higher priced homes
- Kansas City, MO: less expensive homes
- Kansas City, KS: less expensive homes
- Lehigh Acres, FL: less expensive homes
- Lees Summit, MO: equally priced homes
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