
Expensive
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These days, finding an affordable place to live in the Oak Lane area can be challenging. Home prices in Oak Lane are now at a median cost of $208,081, lower than the Philadelphia average of $373,942.
The average cost of rent is $1,298/mo in Oak Lane, primarily driven by the current value of real estate in the Oak Lane area. In Oak Lane, 29.97% of households rent, and 37.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Lane is $5,545 per month. Households that rent pay about 23.42% of their income on rent here. Oak Lane’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Logan-Ogontz-Fern Rock, Philadelphia, PA: less expensive homes
- Germantown, Philadelphia, PA: equally priced homes
- Cedar Brook, Philadelphia, PA: higher priced homes
- Olney, Philadelphia, PA: less expensive homes
- Mount Airy, Philadelphia, PA: higher priced homes
- Lawncrest, Philadelphia, PA: equally priced homes
- Summerdale, Philadelphia, PA: less expensive homes
- Lawndale, Philadelphia, PA: higher priced homes
- Hunting Park, Philadelphia, PA: less expensive homes
- Wyndmoor, Glenside, PA: higher priced homes
Neighborhoods with Similar Populations
- Hollywood Hills, Los Angeles, CA: higher priced homes
- Mar Vista, Los Angeles, CA: higher priced homes
- Valley High-North Laguna, Sacramento, CA: higher priced homes
- Makakilo-Kapolei-Honokai Hale, Kapolei, HI: higher priced homes
- M Streets, Dallas, TX: higher priced homes
- Walnut Valley, Diamond Bar, CA: higher priced homes
- Little Woods, New Orleans, LA: equally priced homes
- Watts, Los Angeles, CA: higher priced homes
- Kings Bridge, Bronx, NY: higher priced homes
- Kalihi-Palama, Honolulu, HI: higher priced homes
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