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These days, finding an affordable place to live in the Oakford area can be challenging. Home prices in Oakford are now at a median cost of $158,198, lower than the Illinois average of $300,242.
The average cost of rent is $1,069/mo in Oakford, primarily driven by the current value of real estate in the Oakford area. In Oakford, 31.87% of households rent, and 22.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakford is $7,363 per month. Households that rent pay about 14.52% of their income on rent here. Oakford’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newmansville, IL: less expensive homes
- Kilbourne, IL: less expensive homes
- Petersburg, IL: higher priced homes
- Easton, IL: less expensive homes
- Chandlerville, IL: less expensive homes
- Tallula, IL: less expensive homes
- Bath, IL: less expensive homes
- Poplar City, IL: less expensive homes
- Tice, IL: higher priced homes
- Greenview, IL: less expensive homes
Cities with Similar Populations
- Mount Bullion, CA: higher priced homes
- Polksville, KY: higher priced homes
- Pleasant Unity, PA: higher priced homes
- Piru, CA: higher priced homes
- Peru, MA: higher priced homes
- Nixon, NV: less expensive homes
- New Berlinville, PA: higher priced homes
- Nenana, AK: equally priced homes
- Needmore, TN: higher priced homes
- Nebo, IL: less expensive homes
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