Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oak Center area can be challenging. Home prices in Oak Center are now at a median cost of $265,416, lower than the Minnesota average of $269,934.
The average cost of rent is $786/mo in Oak Center, primarily driven by the current value of real estate in the Oak Center area. While nearly 51.46% of residents own their homes outright in Oak Center, 11.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Center is $6,591 per month. Households that rent pay about 11.93% of their income on rent here. Oak Center's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Bellechester, MN: higher priced homes
- Jarrett, MN: equally priced homes
- Zumbro Falls, MN: equally priced homes
- Lake City, MN: less expensive homes
- Hammond, MN: less expensive homes
- Mazeppa, MN: equally priced homes
- Millville, MN: equally priced homes
- Theilman, MN: equally priced homes
- Frontenac, MN: higher priced homes
- Goodhue, MN: equally priced homes
Cities with Similar Populations
- Ravinia, SD: less expensive homes
- Murphy, GA: less expensive homes
- Neotsu, OR: higher priced homes
- New Strawn, KS: less expensive homes
- Newmans Grove, MS: less expensive homes
- Pyrmont, OH: less expensive homes
- Radec, CA: higher priced homes
- Rainsburg, PA: less expensive homes
- Ransomville, NC: less expensive homes
- Ravalli, MT: equally priced homes
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