Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oak Ridge area can be challenging. Home prices in Oak Ridge are now at a median cost of $185,341, higher than the Alabama average of $185,232.
The average cost of rent is $1,283/mo in Oak Ridge, primarily driven by the current value of real estate in the Oak Ridge area. While nearly 52.65% of residents own their homes outright in Oak Ridge, 33.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Ridge is $3,931 per month. Households that rent pay about 32.63% of their income on rent here. Oak Ridge's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hartselle, AL: less expensive homes
- Massey, AL: equally priced homes
- Tanner Heights, AL: equally priced homes
- Danville, AL: less expensive homes
- Penn, AL: less expensive homes
- Decatur, AL: less expensive homes
- Priceville, AL: higher priced homes
- Oakville, AL: less expensive homes
- Gum Spring, AL: less expensive homes
- Falkville, AL: less expensive homes
Cities with Similar Populations
- Prewitt, KY: less expensive homes
- New Brunswick, IN: equally priced homes
- New Richmond, WV: less expensive homes
- New Stuyahok, AK: less expensive homes
- Oak Park, GA: less expensive homes
- Occupacia, VA: equally priced homes
- Ocheltree, KS: higher priced homes
- Old Brazoria, TX: higher priced homes
- Preston, OK: less expensive homes
- Nevins, IL: less expensive homes
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