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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 $166,984, lower than the Louisiana average of $235,139.
The average cost of rent is $726/mo in Oak Ridge, primarily driven by the current value of real estate in the Oak Ridge area. In Oak Ridge, 35.03% of households rent, and 65.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Ridge is $3,664 per month. Households that rent pay about 19.82% of their income on rent here. Oak Ridge’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jonesburg, LA: higher priced homes
- Collinston, LA: less expensive homes
- Mer Rouge, LA: less expensive homes
- Epps, LA: less expensive homes
- Upland, LA: less expensive homes
- Warden, LA: less expensive homes
- Crew Lake, LA: equally priced homes
- Darnell, LA: less expensive homes
- Bastrop, LA: less expensive homes
- Goodwill, LA: less expensive homes
Cities with Similar Populations
- Whitesville, WV: less expensive homes
- Lakewood Harbor, TX: higher priced homes
- Lane, KS: higher priced homes
- Langeloth, PA: less expensive homes
- Laupahoehoe, HI: higher priced homes
- Lesslie, SC: higher priced homes
- Liberty Hill, CT: higher priced homes
- Liberty Mills, IN: higher priced homes
- Woodrow, MN: higher priced homes
- Woodland Hills, KY: higher priced homes
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