The Most Affordable Neighborhoods in Grandfield, OK by Home Value

These days, finding an affordable place to live in the Grandfield area can be challenging. Home prices in Grandfield are now at a median cost of $67,524, lower than the Oklahoma average of $210,566.

The average cost of rent is $710/mo in Grandfield, primarily driven by the current value of real estate in the Grandfield area. In Grandfield, 30.92% of households rent, and 80.88% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grandfield is $2,733 per month. Households that rent pay about 25.97% of their income on rent here. Grandfield’s most expensive areas are in the southwestern 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.

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