
Home Price Key
These days, finding an affordable place to live in the Oak Point area can be challenging. Home prices in Oak Point are now at a median cost of $247,500, lower than the New York average of $481,023.
The average cost of rent is $850/mo in Oak Point, primarily driven by the current value of real estate in the Oak Point area. While nearly 53.14% of residents own their homes outright in Oak Point, 15.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Point is $5,822 per month. Households that rent pay about 14.60% of their income on rent here. Oak Point's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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