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Affordable
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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 $225,271, lower than the Virginia average of $443,089.
The average cost of rent is $1,173/mo in Oak Forest, primarily driven by the current value of real estate in the Oak Forest area. In Oak Forest, 28.07% of households rent, and 46.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Forest is $5,339 per month. Households that rent pay about 21.97% of their income on rent here. Oak Forest’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cumberland, VA: equally priced homes
- Trent Mill, VA: equally priced homes
- Lakeside Village, VA: higher priced homes
- Ballsville, VA: higher priced homes
- Sunny Side, VA: higher priced homes
- Trenholm, VA: higher priced homes
- Hatchers, VA: higher priced homes
- Cartersville, VA: higher priced homes
- Hillcrest, VA: equally priced homes
- Tamworth, VA: higher priced homes
Cities with Similar Populations
- Pumpkin Center, SD: higher priced homes
- Morrow, LA: less expensive homes
- Mount Healthy, IN: higher priced homes
- Mount Tabor, WI: higher priced homes
- Porter Hill, OK: higher priced homes
- Potash, AL: less expensive homes
- Pricetown, WV: less expensive homes
- Proctorville, NC: less expensive homes
- Pulaski, OH: less expensive homes
- Morris, PA: less expensive homes
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