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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 $637,270, higher than the Colorado average of $579,698.
The average cost of rent is $1,338/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 15.42% of households rent, and 44.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $9,087 per month. Households that rent pay about 14.72% of their income on rent here. Oak Grove’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Uncompahgre, CO: equally priced homes
- Montrose, CO: less expensive homes
- Maher, CO: less expensive homes
- Cimarron, CO: equally priced homes
- Olathe, CO: less expensive homes
- Crawford, CO: less expensive homes
- Ridgway, CO: higher priced homes
- Cory, CO: less expensive homes
- Sapinero, CO: equally priced homes
- Lazear, CO: less expensive homes
Cities with Similar Populations
- Williamsburg, TN: less expensive homes
- Barlow, MS: less expensive homes
- Beartown, WV: less expensive homes
- Bee, VA: less expensive homes
- Beland, OK: less expensive homes
- Belmont, AL: less expensive homes
- Ben Franklin, TX: less expensive homes
- Benson, PA: less expensive homes
- Bethel, LA: less expensive homes
- Big Rock, IA: less expensive homes
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