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These days, finding an affordable place to live in the Oak Grove area can be challenging. Home prices in Oak Grove are now at a median cost of $141,827, lower than the Alabama average of $228,911.
The average cost of rent is $844/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 14.73% of households rent, and 66.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $3,697 per month. Households that rent pay about 22.83% of their income on rent here. Oak Grove’s most expensive areas are in the central 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
- Sylacauga, AL: equally priced homes
- Mignon, AL: less expensive homes
- Odena, AL: less expensive homes
- Bon Air, AL: less expensive homes
- Oldfield, AL: higher priced homes
- Childersburg, AL: equally priced homes
- Overbrook, AL: equally priced homes
- Sycamore, AL: higher priced homes
- Coosa Pines, AL: higher priced homes
- Weogufka, AL: less expensive homes
Cities with Similar Populations
- Pursglove, WV: higher priced homes
- Mooresville, KY: higher priced homes
- Moorhead, IA: equally priced homes
- Moran, TX: higher priced homes
- Morrill, MN: higher priced homes
- Morris, GA: less expensive homes
- Motley, VA: less expensive homes
- Mottville, NY: higher priced homes
- Purcell, MO: higher priced homes
- Mooresburg, PA: higher priced homes
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