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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 $516,210, higher than the Oregon average of $502,078.
The average cost of rent is $1,765/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 35.01% of households rent, and 31.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $7,616 per month. Households that rent pay about 23.17% of their income on rent here. Oak Grove’s most expensive areas are in the eastern 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
- Oatfield, OR: higher priced homes
- Milwaukie, OR: equally priced homes
- Gladstone, OR: equally priced homes
- Johnson City, OR: equally priced homes
- Lake Oswego, OR: higher priced homes
- West Linn, OR: higher priced homes
- Clackamas, OR: equally priced homes
- Happy Valley, OR: higher priced homes
- Marylhurst, OR: higher priced homes
- Rivergrove, OR: higher priced homes
Cities with Similar Populations
- Zimmerman, MN: less expensive homes
- Sterling, CO: less expensive homes
- Streator, IL: less expensive homes
- Steamboat Springs, CO: higher priced homes
- Summerfield, NC: equally priced homes
- Sunny Vista, CA: higher priced homes
- Swansea, MA: less expensive homes
- Taft, CA: less expensive homes
- Bel Air, MD: less expensive homes
- Bedford, OH: less expensive homes
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