The Most Affordable Neighborhoods in Oak Park Heights, MN by Home Value

 

Oak Park Heights, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Oak Park Heights area can be challenging. Home prices in Oak Park Heights are now at a median cost of $382,589, higher than the Minnesota average of $269,934.

The average cost of rent is $1,453/mo in Oak Park Heights, primarily driven by the current value of real estate in the Oak Park Heights area. While nearly 26.19% of residents own their homes outright in Oak Park Heights, 39.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oak Park Heights is $8,315 per month. Households that rent pay about 17.47% of their income on rent here. Oak Park Heights's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.


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