Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Oak area can be challenging. Home prices in Oak are now at a median cost of $93,616, lower than the Nebraska average of $252,353.
The average cost of rent is $549/mo in Oak, primarily driven by the current value of real estate in the Oak area. In Oak, 15.72% of households rent, and 63.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak is $5,255 per month. Households that rent pay about 10.44% of their income on rent here. Oak’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sedan, NE: higher priced homes
- Davenport, NE: higher priced homes
- Ruskin, NE: equally priced homes
- Nora, NE: equally priced homes
- Nelson, NE: equally priced homes
- Edgar, NE: higher priced homes
- Ong, NE: higher priced homes
- Deshler, NE: higher priced homes
- Carleton, NE: higher priced homes
- Cadams, NE: higher priced homes
Cities with Similar Populations
- Wauneta, KS: equally priced homes
- Chincoteague Island, VA: higher priced homes
- Chitina, AK: higher priced homes
- Clines Corners, NM: higher priced homes
- Walnut Ridge, IN: higher priced homes
- Warrick, MT: higher priced homes
- Warsaw, ND: higher priced homes
- Washington Park, VA: higher priced homes
- Watauga, KY: less expensive homes
- Waterloo, KS: higher priced homes
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