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Affordable
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These days, finding an affordable place to live in the Eldorado area can be challenging. Home prices in Eldorado are now at a median cost of $81,350, lower than the Oklahoma average of $210,566.
The average cost of rent is $810/mo in Eldorado, primarily driven by the current value of real estate in the Eldorado area. In Eldorado, 19.19% of households rent, and 72.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eldorado is $5,051 per month. Households that rent pay about 16.04% of their income on rent here. Eldorado’s most expensive areas are in the northwestern 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
- Prairie Hill, OK: higher priced homes
- North Groesbeck, TX: higher priced homes
- Olustee, OK: higher priced homes
- Altus Afb, OK: higher priced homes
- Elmer, OK: higher priced homes
- Odell, TX: higher priced homes
- Hess, OK: higher priced homes
- Humphreys, OK: higher priced homes
- Lazare, TX: higher priced homes
- Kirkland, TX: higher priced homes
Cities with Similar Populations
- Armstrong Creek, WI: higher priced homes
- Wiscotta, IA: higher priced homes
- Avilla, MO: higher priced homes
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- Austin, NV: higher priced homes
- Winn, AL: higher priced homes
- Astoria, SD: higher priced homes
- Askewville, NC: higher priced homes
- Asherville, MO: higher priced homes
- Arthur, ND: higher priced homes
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