Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oakland City area can be challenging. Home prices in Oakland City are now at a median cost of $108,670, lower than the Indiana average of $175,617.
The average cost of rent is $691/mo in Oakland City, primarily driven by the current value of real estate in the Oakland City area. While nearly 46.20% of residents own their homes outright in Oakland City, 24.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakland City is $4,116 per month. Households that rent pay about 16.78% of their income on rent here. Oakland City's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Somerville, IN: equally priced homes
- Francisco, IN: higher priced homes
- Glezen, IN: equally priced homes
- Enos Corner, IN: higher priced homes
- Mackey, IN: equally priced homes
- Winslow, IN: less expensive homes
- Willisville, IN: equally priced homes
- Spurgeon, IN: higher priced homes
- Coe, IN: less expensive homes
- Augusta, IN: higher priced homes
Cities with Similar Populations
- Arcola, IL: higher priced homes
- Keedysville, MD: higher priced homes
- Islandia, NY: higher priced homes
- Hopkins, MI: higher priced homes
- Homer, MI: equally priced homes
- Holcomb, KS: higher priced homes
- Hainesville, IL: higher priced homes
- Gunter, TX: higher priced homes
- Gardners, PA: higher priced homes
- Frontenac, KS: higher priced homes
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