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Affordable
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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 $109,099, lower than the Mississippi average of $183,008.
The average cost of rent is $868/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. In Oakland, 18.31% of households rent, and 69.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $4,157 per month. Households that rent pay about 20.88% of their income on rent here. Oakland’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tillatoba, MS: less expensive homes
- Enid, MS: less expensive homes
- Pope, MS: equally priced homes
- Teasdale, MS: less expensive homes
- Gatewood, MS: higher priced homes
- Scobey, MS: less expensive homes
- Charleston, MS: less expensive homes
- Cascilla, MS: less expensive homes
- Bryant, MS: less expensive homes
- Coffeeville, MS: less expensive homes
Cities with Similar Populations
- Alorton, IL: less expensive homes
- Velarde, NM: higher priced homes
- Wymore, NE: less expensive homes
- Castle Dale, UT: higher priced homes
- Buckingham, VA: higher priced homes
- Brownton, MN: higher priced homes
- Brownfield, ME: higher priced homes
- Brookside Village, TX: higher priced homes
- Bradbury, CA: higher priced homes
- Booneville, IA: higher priced homes
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