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 $159,432, lower than the Minnesota average of $269,934.
The average cost of rent is $923/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. While nearly 46.26% of residents own their homes outright in Oakland, 10.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $6,195 per month. Households that rent pay about 14.90% of their income on rent here. Oakland's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Albert Lea, MN: less expensive homes
- Bancroft, MN: equally priced homes
- Hayward, MN: equally priced homes
- Twin Lakes, MN: higher priced homes
- Glenville, MN: less expensive homes
- Petran, MN: equally priced homes
- Clarks Grove, MN: equally priced homes
- Manchester, MN: higher priced homes
- Conger, MN: higher priced homes
- Hollandale, MN: equally priced homes
Cities with Similar Populations
- Ozone, TN: less expensive homes
- Rachal, TX: less expensive homes
- Quinn, SD: less expensive homes
- Quincy, TN: less expensive homes
- Quecreek, PA: less expensive homes
- Quaker, WV: less expensive homes
- Putnam, AL: less expensive homes
- Purvis, NC: less expensive homes
- Portersburg, KY: less expensive homes
- Raeville, NE: less expensive homes
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