The Most Affordable Neighborhoods in Oak Hill, MO by Home Value

 

Oak Hill, MO Map of Most Affordable Neighborhoods
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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 $161,381, lower than the Missouri average of $194,908.

The average cost of rent is $763/mo in Oak Hill, primarily driven by the current value of real estate in the Oak Hill area. While nearly 59.60% of residents own their homes outright in Oak Hill, 5.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oak Hill is $4,811 per month. Households that rent pay about 15.85% of their income on rent here. Oak Hill's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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