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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 $434,696, higher than the Minnesota average of $345,793.
The average cost of rent is $1,884/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 5.82% of households rent, and 27.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $9,741 per month. Households that rent pay about 19.34% of their income on rent here. Oak Grove’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Francis, MN: less expensive homes
- Bethel, MN: less expensive homes
- East Bethel, MN: less expensive homes
- Nowthen, MN: equally priced homes
- Andover, MN: equally priced homes
- Bradford, MN: less expensive homes
- Ramsey, MN: less expensive homes
- Ham Lake, MN: equally priced homes
- Anoka, MN: less expensive homes
- Isanti, MN: less expensive homes
Cities with Similar Populations
- Alva, FL: equally priced homes
- Altoona, WI: less expensive homes
- Adel, IA: less expensive homes
- Aguirre, PR: less expensive homes
- Ahoskie, NC: less expensive homes
- Akron, NY: less expensive homes
- Alexandria, IN: less expensive homes
- Alliance, NE: less expensive homes
- Alto, MI: equally priced homes
- Park Forest Village, PA: equally priced homes
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