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Affordable
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These days, finding an affordable place to live in the Oak City area can be challenging. Home prices in Oak City are now at a median cost of $267,361, lower than the Utah average of $525,914.
The average cost of rent is $638/mo in Oak City, primarily driven by the current value of real estate in the Oak City area. In Oak City, 5.51% of households rent, and 41.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak City is $6,094 per month. Households that rent pay about 10.46% of their income on rent here. Oak City’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lynndyl, UT: equally priced homes
- Leamington, UT: equally priced homes
- Delta, UT: equally priced homes
- Sutherland, UT: equally priced homes
- Oasis, UT: higher priced homes
- Scipio, UT: higher priced homes
- Mills, UT: higher priced homes
- Deseret, UT: higher priced homes
- Sugarville, UT: equally priced homes
- Hinckley, UT: equally priced homes
Cities with Similar Populations
- Ravenden Springs, AR: less expensive homes
- Rochester Mills, PA: less expensive homes
- Robertstown, GA: equally priced homes
- Ritter, SC: less expensive homes
- Richville, NY: less expensive homes
- Richland, IA: less expensive homes
- Rhine, GA: less expensive homes
- Republican, AR: less expensive homes
- Red Oak, VA: less expensive homes
- Rock Island, OK: less expensive homes
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