The Most Affordable Neighborhoods in New Oberlin, OK by Home Value

 

New Oberlin, OK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Oberlin area can be challenging. Home prices in New Oberlin are now at a median cost of $134,917, lower than the Oklahoma average of $210,566.

The average cost of rent is $820/mo in New Oberlin, primarily driven by the current value of real estate in the New Oberlin area. In New Oberlin, 23.66% of households rent, and 65.58% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Oberlin is $4,070 per month. Households that rent pay about 20.14% of their income on rent here. New Oberlin’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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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