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 $179,573, lower than the Maine average of $243,042.
The average cost of rent is $901/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. While nearly 35.79% of residents own their homes outright in Oakland, 8.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $7,846 per month. Households that rent pay about 11.48% of their income on rent here. Oakland's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- North Belgrade, ME: higher priced homes
- Waterville, ME: less expensive homes
- Fairfield Center, ME: equally priced homes
- Smithfield, ME: higher priced homes
- Weeks Mills, ME: equally priced homes
- Fairfield, ME: less expensive homes
- Winslow, ME: less expensive homes
- North Vassalboro, ME: equally priced homes
- Belgrade, ME: higher priced homes
- Belgrade Lakes, ME: higher priced homes
Cities with Similar Populations
- Oakmont, PA: higher priced homes
- Peebles, OH: less expensive homes
- Pecan Plantation, TX: higher priced homes
- Pearl Harbor, HI: higher priced homes
- Paxton, IL: less expensive homes
- Pawling, NY: higher priced homes
- Paulding, OH: less expensive homes
- Paulden, AZ: higher priced homes
- Pasadena Hills, FL: higher priced homes
- Parma, ID: higher priced homes
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