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These days, finding an affordable place to live in the Oakley area can be challenging. Home prices in Oakley are now at a median cost of $164,000, lower than the Virginia average of $443,089.
The average cost of rent is $1,095/mo in Oakley, primarily driven by the current value of real estate in the Oakley area. In Oakley, 27.27% of households rent, and 79.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakley is $8,683 per month. Households that rent pay about 12.61% of their income on rent here. Oakley’s most expensive areas are in the central 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
- Center Cross, VA: higher priced homes
- Ino, VA: higher priced homes
- Laneview, VA: higher priced homes
- Sharps, VA: higher priced homes
- Jamaica, VA: higher priced homes
- Tidewater, VA: higher priced homes
- Dragonville, VA: higher priced homes
- Contra, VA: higher priced homes
- Wares Wharf, VA: higher priced homes
- Morattico, VA: less expensive homes
Cities with Similar Populations
- Niagara, PA: higher priced homes
- Naoma, WV: less expensive homes
- Narrows, KY: less expensive homes
- Nasonville, WI: higher priced homes
- Nebish, MN: higher priced homes
- Nelsonville, TX: higher priced homes
- Neola, MO: higher priced homes
- Neptune, IA: higher priced homes
- New Hartford, MN: higher priced homes
- New Holland Crossroads, SC: less expensive homes
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