Home Price Key
Affordable
Average
Expensive
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 $165,648, lower than the Michigan average of $196,062.
The average cost of rent is $1,011/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. While nearly 53.09% of residents own their homes outright in Oak Grove, 44.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $4,437 per month. Households that rent pay about 22.79% of their income on rent here. Oak Grove's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Gaylord, MI: equally priced homes
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- Sparr, MI: equally 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: less expensive homes
- New Canton, TN: equally priced homes
- Nepton, KY: less expensive homes
- Murray City, OH: less expensive homes
- Murphytown, WV: equally priced homes
- Mountain View, CO: higher priced homes
- Mount Welcome, WV: less expensive homes
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