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These days, finding an affordable place to live in the Oak Forest area can be challenging. Home prices in Oak Forest are now at a median cost of $978,794, higher than the North Carolina average of $323,314.
The average cost of rent is $1,959/mo in Oak Forest, primarily driven by the current value of real estate in the Oak Forest area. In Oak Forest, 35.95% of households rent, and 44.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Forest is $8,883 per month. Households that rent pay about 22.05% of their income on rent here. Oak Forest’s most expensive areas are in the central 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
- Arden, NC: less expensive homes
- Biltmore Forest, NC: higher priced homes
- Avery Creek, NC: less expensive homes
- Fletcher, NC: less expensive homes
- Asheville, NC: less expensive homes
- Mills River, NC: less expensive homes
- Fairview, NC: less expensive homes
- Hoopers Creek, NC: less expensive homes
- Candler, NC: less expensive homes
- Stony Fork, NC: less expensive homes
Cities with Similar Populations
- Overfield, WV: less expensive homes
- Pine Flat, AL: less expensive homes
- Peru, WI: less expensive homes
- Peru, KS: less expensive homes
- Penryn, PA: less expensive homes
- Pennsdale, PA: less expensive homes
- Patsburg, AL: less expensive homes
- Pachaug, CT: less expensive homes
- Oxford, ID: less expensive homes
- Piney Grove, VA: less expensive homes
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