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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 $204,760, lower than the Virginia average of $443,089.
The average cost of rent is $1,339/mo in Oak Grove, primarily driven by the current value of real estate in the Oak Grove area. In Oak Grove, 28.29% of households rent, and 41.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Grove is $6,490 per month. Households that rent pay about 20.64% of their income on rent here. Oak Grove’s most expensive areas are in the eastern 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
- Leedstown, VA: less expensive homes
- Colonial Beach, VA: higher priced homes
- Monroe Hall, VA: higher priced homes
- Horners, VA: equally priced homes
- Maple Grove, VA: higher priced homes
- Foneswood, VA: equally priced homes
- Shiloh, VA: higher priced homes
- Loretto, VA: higher priced homes
- Welcome, VA: higher priced homes
- Chance, VA: higher priced homes
Cities with Similar Populations
- Ortley, SD: less expensive homes
- Oak Shade Park, MI: higher priced homes
- Oakdale, OR: higher priced homes
- Oakhaven, AR: less expensive homes
- Oakville, MD: higher priced homes
- Oddville, KY: equally priced homes
- Okesa, OK: less expensive homes
- Old Kane, IL: less expensive homes
- Ongo, MO: higher priced homes
- Orange, MS: less expensive homes
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