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These days, finding an affordable place to live in the Oakwood area can be challenging. Home prices in Oakwood are now at a median cost of $160,800, lower than the North Dakota average of $273,535.
The average cost of rent is $733/mo in Oakwood, primarily driven by the current value of real estate in the Oakwood area. In Oakwood, 7.33% of households rent, and 64.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakwood is $6,424 per month. Households that rent pay about 11.41% of their income on rent here. Oakwood’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
- Cashel, ND: equally priced homes
- Grafton, ND: less expensive homes
- Warsaw, ND: less expensive homes
- Minto, ND: less expensive homes
- Voss, ND: less expensive homes
- Drayton, ND: less expensive homes
- Nash, ND: equally priced homes
- Robbin, MN: less expensive homes
- Veseleyville, ND: less expensive homes
- Ardoch, ND: equally priced homes
Cities with Similar Populations
- Rauchtown, PA: higher priced homes
- Pocatalico, WV: equally priced homes
- Polo, SD: equally priced homes
- Poplar Plains, KY: equally priced homes
- Port Clyde, ME: higher priced homes
- Porterville, UT: higher priced homes
- Posey, CA: higher priced homes
- Potsdam, MN: higher priced homes
- Powersville, MO: less expensive homes
- Prairie View, KS: less expensive homes
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