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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 $422,575, lower than the Oregon average of $502,078.
The average cost of rent is $1,231/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. In Oakland, 18.62% of households rent, and 48.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $5,561 per month. Households that rent pay about 22.14% of their income on rent here. Oakland’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Old Town, OR: equally priced homes
- Union Gap, OR: equally priced homes
- Sutherlin, OR: less expensive homes
- Stephens, OR: higher priced homes
- Rice Hill, OR: higher priced homes
- Tyee, OR: higher priced homes
- Wilbur, OR: higher priced homes
- Nonpareil, OR: higher priced homes
- Yoncalla, OR: less expensive homes
- Umpqua, OR: higher priced homes
Cities with Similar Populations
- Marion, MI: less expensive homes
- Warren, MA: less expensive homes
- Upper Black Eddy, PA: higher priced homes
- Union, NH: less expensive homes
- Ulster Park, NY: less expensive homes
- Transfer, PA: less expensive homes
- Townsend, GA: less expensive homes
- Sells, AZ: less expensive homes
- Nedrow, NY: less expensive homes
- Moundridge, KS: less expensive homes
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