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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 $272,581, lower than the Minnesota average of $345,793.
The average cost of rent is $752/mo in Oakridge, primarily driven by the current value of real estate in the Oakridge area. In Oakridge, 9.53% of households rent, and 43.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakridge is $7,669 per month. Households that rent pay about 9.80% of their income on rent here. Oakridge’s most expensive areas are in the southwestern 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
- Altura, MN: higher priced homes
- Rollingstone, MN: equally priced homes
- Minneiska, MN: equally priced homes
- Bethany, MN: equally priced homes
- Weaver, MN: equally priced homes
- Buffalo City, WI: less expensive homes
- Beaver, MN: higher priced homes
- Elba, MN: higher priced homes
- Czechville, WI: less expensive homes
- Minnesota City, MN: less expensive homes
Cities with Similar Populations
- Orr, WV: less expensive homes
- Nubieber, CA: less expensive homes
- Nunam Iqua, AK: less expensive homes
- Nyman, IA: less expensive homes
- Nysted, NE: less expensive homes
- Oak Beach, NY: higher priced homes
- Oak Glen, CA: higher priced homes
- Oak Grove, IN: less expensive homes
- Oak Park, NC: equally priced homes
- Oakdale, WV: less expensive homes
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