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These days, finding an affordable place to live in the Hennessey area can be challenging. Home prices in Hennessey are now at a median cost of $189,233, lower than the Oklahoma average of $210,566.
The average cost of rent is $890/mo in Hennessey, primarily driven by the current value of real estate in the Hennessey area. In Hennessey, 27.55% of households rent, and 59.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hennessey is $5,504 per month. Households that rent pay about 16.16% of their income on rent here. Hennessey’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bison, OK: equally priced homes
- Lacey, OK: less expensive homes
- Waukomis, OK: less expensive homes
- Douglas, OK: higher priced homes
- Marshall, OK: less expensive homes
- Lovell, OK: less expensive homes
- Ames, OK: less expensive homes
- Hayward, OK: higher priced homes
- Okeene, OK: less expensive homes
- Isabella, OK: less expensive homes
Cities with Similar Populations
- Brooksville, KY: less expensive homes
- Culver, IN: higher priced homes
- Dunkirk, IN: less expensive homes
- Ellaville, GA: less expensive homes
- Lac Du Flambeau, WI: higher priced homes
- Westhampton, NY: higher priced homes
- Webster, WI: higher priced homes
- Vandenberg AFB, CA: higher priced homes
- Valentine, NE: less expensive homes
- Pine Mountain, GA: higher priced homes
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