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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 $259,698, lower than the Florida average of $396,783.
The average cost of rent is $1,163/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 10.73% of households rent, and 63.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $5,650 per month. Households that rent pay about 20.59% of their income on rent here. Oak Grove’s most expensive areas are in the eastern 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
- McDavid, FL: less expensive homes
- Bratt, FL: equally priced homes
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- Century, FL: less expensive homes
- McKinnon, FL: equally priced homes
- Mineral Springs, FL: equally priced homes
- Enon, FL: less expensive homes
- Brownsdale, FL: equally priced homes
- Nokomis, AL: less expensive homes
Cities with Similar Populations
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- White Rock, SC: higher priced homes
- White Owl, SD: higher priced homes
- West Rye, NH: higher priced homes
- Butte, ND: less expensive homes
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