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Affordable
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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 $165,611, lower than the Texas average of $322,096.
The average cost of rent is $1,186/mo in Oak Ridge, primarily driven by the current value of real estate in the Oak Ridge area. In Oak Ridge, 33.62% of households rent, and 39.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Ridge is $6,913 per month. Households that rent pay about 17.16% of their income on rent here. Oak Ridge’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Callisburg, TX: less expensive homes
- Gainesville, TX: higher priced homes
- Woodbine, TX: higher priced homes
- Lake Kiowa, TX: higher priced homes
- Whitesboro, TX: higher priced homes
- Sturgeon, TX: higher priced homes
- Dexter, TX: higher priced homes
- Lindsay, TX: higher priced homes
- Thackerville, OK: higher priced homes
- Collinsville, TX: higher priced homes
Cities with Similar Populations
- Liberty, OK: higher priced homes
- Irvington, VA: higher priced homes
- Isola, MS: less expensive homes
- Ivey, GA: less expensive homes
- Josephville, MO: higher priced homes
- Keatchie, LA: less expensive homes
- Kipton, OH: higher priced homes
- Knox City, TX: less expensive homes
- Laurel Fork, VA: less expensive homes
- Indian Shores, FL: higher priced homes
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