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 $193,109, lower than the Connecticut average of $357,181.
The average cost of rent is $1,489/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. While nearly 31.26% of residents own their homes outright in Oakland, 48.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $7,116 per month. Households that rent pay about 20.93% of their income on rent here. Oakland's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Manchester, CT: equally priced homes
- South Windsor, CT: higher priced homes
- Vernon-Rockville, CT: equally priced homes
- Bolton, CT: higher priced homes
- East Hartford, CT: less expensive homes
- East Windsor Hill, CT: higher priced homes
- Rockville, CT: less expensive homes
- Glastonbury, CT: higher priced homes
- Wilson, CT: higher priced homes
- Glastonbury Center, CT: higher priced homes
Cities with Similar Populations
- Watauga, TX: equally priced homes
- Boaz, AL: less expensive homes
- Bourbonnais, IL: equally priced homes
- Brainerd, MN: equally priced homes
- Brambleton, VA: higher priced homes
- Brent, FL: less expensive homes
- Brownwood, TX: less expensive homes
- Canandaigua, NY: equally priced homes
- Canby, OR: higher priced homes
- Canon City, CO: higher priced homes
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