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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 $168,426, lower than the Texas average of $322,096.
The average cost of rent is $696/mo in Oakland, primarily driven by the current value of real estate in the Oakland area. In Oakland, 17.94% of households rent, and 58.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakland is $5,276 per month. Households that rent pay about 13.20% of their income on rent here. Oakland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rusk, TX: equally priced homes
- Dialville, TX: equally priced homes
- Maydelle, TX: equally priced homes
- Gallatin, TX: equally priced homes
- Weeping Mary, TX: less expensive homes
- Circle, TX: higher priced homes
- Alto, TX: less expensive homes
- Reklaw, TX: equally priced homes
- Redlawn, TX: less expensive homes
- Linwood, TX: less expensive homes
Cities with Similar Populations
- Athens, WV: less expensive homes
- Tower Lakes, IL: higher priced homes
- Tunnel City, WI: higher priced homes
- Turkey Creek, LA: less expensive homes
- Utica, PA: equally priced homes
- Vilano Beach, FL: higher priced homes
- East Brady, PA: equally priced homes
- Doe Run, MO: equally priced homes
- Diamond Lake, WA: higher priced homes
- Darmstadt, IN: higher priced homes
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