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These days, finding an affordable place to live in the Nichols Hills area can be challenging. Home prices in Nichols Hills are now at a median cost of $928,125, higher than the Oklahoma average of $210,566.
The average cost of rent is $1,457/mo in Nichols Hills, primarily driven by the current value of real estate in the Nichols Hills area. In Nichols Hills, 9.13% of households rent, and 46.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nichols Hills is $17,473 per month. Households that rent pay about 8.34% of their income on rent here. Nichols Hills’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- The Village, OK: less expensive homes
- Warr Acres, OK: less expensive homes
- Oklahoma City, OK: less expensive homes
- Forest Park, OK: less expensive homes
- Bethany, OK: less expensive homes
- Woodlawn Park, OK: less expensive homes
- Edmond, OK: less expensive homes
- Del City, OK: less expensive homes
- Valley Brook, OK: less expensive homes
- Yukon, OK: less expensive homes
Cities with Similar Populations
- Avalon, CA: equally priced homes
- Port Gibson, MS: less expensive homes
- Pleasant Lake, MI: less expensive homes
- Narcoossee, FL: less expensive homes
- Mansura, LA: less expensive homes
- Lyons, KS: less expensive homes
- La Cienega, NM: less expensive homes
- Kirbyville, TX: less expensive homes
- Hurley, NY: less expensive homes
- High Point, FL: less expensive homes
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