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These days, finding an affordable place to live in the Oak Hill area can be challenging. Home prices in Oak Hill are now at a median cost of $296,047, higher than the Michigan average of $250,415.
The average cost of rent is $838/mo in Oak Hill, primarily driven by the current value of real estate in the Oak Hill area. In Oak Hill, 3.62% of households rent, and 45.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Hill is $8,302 per month. Households that rent pay about 10.10% of their income on rent here. Oak Hill’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
- Manistee, MI: less expensive homes
- Stronach, MI: less expensive homes
- Eastlake, MI: less expensive homes
- Parkdale, MI: less expensive homes
- Free Soil, MI: less expensive homes
- Harrison Beach, MI: less expensive homes
- Newland, MI: less expensive homes
- Filer City, MI: higher priced homes
- Red Park, MI: less expensive homes
- Sugar Grove, MI: less expensive homes
Cities with Similar Populations
- Orient, IL: less expensive homes
- North Georgetown, OH: less expensive homes
- North Glade, MD: equally priced homes
- North Victory, NY: less expensive homes
- Northeim, WI: less expensive homes
- Northrop, MN: less expensive homes
- Norton, WV: less expensive homes
- Norwood, KY: higher priced homes
- Nugent, TX: less expensive homes
- Nunez, LA: less expensive homes
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