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 $397,084, higher than the North Carolina average of $226,477.
The average cost of rent is $1,227/mo in Oak Ridge, primarily driven by the current value of real estate in the Oak Ridge area. While nearly 25.29% of residents own their homes outright in Oak Ridge, 4.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Ridge is $10,964 per month. Households that rent pay about 11.19% of their income on rent here. Oak Ridge's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Stokesdale, NC: less expensive homes
- Belews Creek, NC: less expensive homes
- Colfax, NC: less expensive homes
- Summerfield, NC: less expensive homes
- Kernersville, NC: less expensive homes
- Ellisboro, NC: less expensive homes
- Walkertown, NC: less expensive homes
- Dennis, NC: less expensive homes
- Greensboro, NC: less expensive homes
- Jamestown, NC: less expensive homes
Cities with Similar Populations
- Park City, UT: higher priced homes
- Perry Heights, OH: less expensive homes
- Penn Yan, NY: less expensive homes
- Penitas, TX: less expensive homes
- Payette, ID: less expensive homes
- Patterson, NY: less expensive homes
- Paso Seco, PR: less expensive homes
- Park Ridge, NJ: higher priced homes
- Park Rapids, MN: less expensive homes
- Perry, IA: less expensive homes
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