
Home Price Key
These days, finding an affordable place to live in the Oakville area can be challenging. Home prices in Oakville are now at a median cost of $197,118, higher than the Michigan average of $196,062.
The average cost of rent is $1,183/mo in Oakville, primarily driven by the current value of real estate in the Oakville area. While nearly 45.59% of residents own their homes outright in Oakville, 7.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakville is $6,537 per month. Households that rent pay about 18.09% of their income on rent here. Oakville's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Milan, MI: equally priced homes
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- Maybee, MI: equally priced homes
- Willis, MI: higher priced homes
- Dundee, MI: equally priced homes
- West Sumpter, MI: equally priced homes
- Saline, MI: higher priced homes
Cities with Similar Populations
- Relay, GA: less expensive homes
- North Branch Depot, NJ: higher priced homes
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- Prescott, PA: equally priced homes
- Pulaski, IL: less expensive homes
- Radley, IN: higher priced homes
- Rdg Mnr Est, FL: less expensive homes
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