Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oakland area can be challenging. Home prices in Oakland are now at a median cost of $339,157, higher than the Chicago average of $290,679.
The average cost of rent is $769/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. While nearly 15.59% of residents own their homes outright in Oakland, 72.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $3,456 per month. Households that rent pay about 22.24% of their income on rent here. Oakland's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Grand Boulevard, Chicago, IL: less expensive homes
- Bronzeville, Chicago, IL: equally priced homes
- Douglas, Chicago, IL: less expensive homes
- Kenwood, Chicago, IL: less expensive homes
- Canaryville, Chicago, IL: less expensive homes
- Hyde Park, Chicago, IL: less expensive homes
- Armour Square, Chicago, IL: less expensive homes
- Bridgeport, Chicago, IL: equally priced homes
- Washington Park, Chicago, IL: less expensive homes
- Near South Side, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- The Bush, Chicago, IL: less expensive homes
- Fulton, Minneapolis, MN: higher priced homes
- Greenville, Scarsdale, NY: higher priced homes
- Highland Park, Seattle, WA: higher priced homes
- Hyde Park, Austin, TX: higher priced homes
- Lake Frederica, Orlando, FL: less expensive homes
- Lincoln Heights, Los Angeles, CA: higher priced homes
- Long Meadow Farms, Richmond, TX: higher priced homes
- Northside, Fort Wayne, IN: less expensive homes
- South Side, West Palm Beach, FL: higher priced homes
All Local Stats
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