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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 $207,561, lower than the Michigan average of $250,415.
The average cost of rent is $854/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 20.79% of households rent, and 27.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $5,394 per month. Households that rent pay about 15.83% of their income on rent here. Oak Grove’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gaylord, MI: equally priced homes
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- Elmira, MI: equally priced homes
- Sparr, MI: higher priced homes
- Waters, MI: less expensive homes
- Vanderbilt, MI: less expensive homes
- Alba, MI: less expensive homes
- Johannesburg, MI: equally priced homes
- Frederic, MI: less expensive homes
Cities with Similar Populations
- Moclips, WA: less expensive homes
- New Sweden, ME: less expensive homes
- New Laguna, NM: less expensive homes
- New Garden, OH: equally priced homes
- New Canton, TN: equally priced homes
- Nepton, KY: less expensive homes
- Murray City, OH: less expensive homes
- Murphytown, WV: less expensive homes
- Mountain View, CO: higher priced homes
- Mount Welcome, WV: less expensive homes
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