The Most Affordable Neighborhoods in Oak Park, Jeffersonville, IN by Home Value

 

Oak Park, Jeffersonville, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Oak Park area can be challenging. Home prices in Oak Park are now at a median cost of $239,743, higher than the Jeffersonville average of $219,098.

The average cost of rent is $960/mo in Oak Park, primarily driven by the current value of real estate in the Oak Park area. In Oak Park, 19.52% of households rent, and 40.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Oak Park is $6,975 per month. Households that rent pay about 13.76% of their income on rent here. Oak Park’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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