The Most Affordable Neighborhoods in Oakridge, MN by Home Value

 

Oakridge, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Oakridge area can be challenging. Home prices in Oakridge are now at a median cost of $212,790, lower than the Minnesota average of $269,934.

The average cost of rent is $730/mo in Oakridge, primarily driven by the current value of real estate in the Oakridge area. While nearly 37.89% of residents own their homes outright in Oakridge, 9.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oakridge is $6,661 per month. Households that rent pay about 10.96% of their income on rent here. Oakridge's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.


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