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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 $414,439, higher than the Ohio average of $236,816.
The average cost of rent is $1,441/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. In Oakland, 8.60% of households rent, and 26.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $11,778 per month. Households that rent pay about 12.24% of their income on rent here. Oakland’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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