Affordable
Expensive
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These days, finding an affordable place to live in the Oakland County area can be challenging. Home prices in Oakland County are now at a median cost of $362,682, higher than the Michigan average of $250,415.
The average cost of rent is $1,616/mo in Oakland County, primarily driven by the current value of real estate in the Oakland County area. In Oakland County, 27.33% of households rent, and 36.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakland County is $9,556 per month. Households that rent pay about 16.91% of their income on rent here. Oakland County’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Macomb County, MI: less expensive homes
- Livingston County, MI: equally priced homes
- Ingham County, MI: less expensive homes
- Eaton County, MI: less expensive homes
- Barry County, MI: less expensive homes
- Allegan County, MI: less expensive homes
- Kenosha County, WI: less expensive homes
- Walworth County, WI: less expensive homes
- Rock County, WI: less expensive homes
- Yates County, NY: less expensive homes
Counties with Similar Populations
- San Bernardino County, CA: higher priced homes
- Clark County, NV: higher priced homes
- Palm Beach County, FL: higher priced homes
- El Paso County, TX: less expensive homes
- Pima County, AZ: less expensive homes
- Mecklenburg County, NC: higher priced homes
- Honolulu County, HI: higher priced homes
- Santa Clara County, CA: higher priced homes
- Duval County, FL: less expensive homes
- Orange County, FL: higher priced homes
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