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Affordable
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These days, finding an affordable place to live in the Oakland Acres area can be challenging. Home prices in Oakland Acres are now at a median cost of $221,840, lower than the Iowa average of $226,062.
The average cost of rent is $1,185/mo in Oakland Acres, primarily driven by the current value of real estate in the Oakland Acres area. In Oakland Acres, 25.46% of households rent, and 48.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakland Acres is $6,463 per month. Households that rent pay about 18.34% of their income on rent here. Oakland Acres’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grinnell, IA: equally priced homes
- Newburg, IA: equally priced homes
- Kellogg, IA: less expensive homes
- Lynnville, IA: less expensive homes
- Killduff, IA: higher priced homes
- Sully, IA: less expensive homes
- Sheridan, IA: higher priced homes
- Gilman, IA: less expensive homes
- Searsboro, IA: higher priced homes
- Malcom, IA: less expensive homes
Cities with Similar Populations
- Bennington, IN: higher priced homes
- Ravenna, KY: less expensive homes
- Otis, NM: higher priced homes
- Pheba, MS: less expensive homes
- Pilot Hill, CA: higher priced homes
- Pittsburg, MO: less expensive homes
- Plains, KS: less expensive homes
- Point Venture, TX: higher priced homes
- Prudhoe Bay, AK: equally priced homes
- Quinter, KS: less expensive homes
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