Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Luther area can be challenging. Home prices in Luther are now at a median cost of $166,065, higher than the Oklahoma average of $161,319.
The average cost of rent is $794/mo in Luther, primarily driven by the current value of real estate in the Luther area. While nearly 54.48% of residents own their homes outright in Luther, 12.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Luther is $4,743 per month. Households that rent pay about 16.74% of their income on rent here. Luther's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Wellston, OK: less expensive homes
- Jones, OK: higher priced homes
- Arcadia, OK: higher priced homes
- Meridian, OK: less expensive homes
- Rossville, OK: equally priced homes
- Warwick, OK: equally priced homes
- Spencer, OK: less expensive homes
- Midlothian, OK: less expensive homes
- Chandler, OK: less expensive homes
- Forest Park, OK: higher priced homes
Cities with Similar Populations
- Lathrop, MO: equally priced homes
- West Point, NE: equally priced homes
- West Milwaukee, WI: equally priced homes
- Welcome, NC: less expensive homes
- Templeton, MA: higher priced homes
- Taylorsville, GA: higher priced homes
- South Dennis, MA: higher priced homes
- Seaford, VA: higher priced homes
- Rembert, SC: less expensive homes
- Port Barre, LA: less expensive homes
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