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Affordable
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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 $221,004, lower than the New York average of $610,895.
The average cost of rent is $1,438/mo in Oakwood, primarily driven by the current value of real estate in the Oakwood area. In Oakwood, 9.36% of households rent, and 61.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakwood is $6,904 per month. Households that rent pay about 20.83% of their income on rent here. Oakwood’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Half Acre, NY: less expensive homes
- Cayuga, NY: less expensive homes
- Union Springs, NY: less expensive homes
- Mapleton, NY: less expensive homes
- Fosterville, NY: less expensive homes
- Fleming, NY: higher priced homes
- Auburn, NY: less expensive homes
- Levanna, NY: equally priced homes
- Seneca Falls, NY: less expensive homes
- Scipioville, NY: less expensive homes
Cities with Similar Populations
- Addington, OK: less expensive homes
- Zeba, MI: less expensive homes
- Yorktown, NJ: higher priced homes
- Yolano, CA: higher priced homes
- Yellowbud, OH: equally priced homes
- Yatesville, NY: equally priced homes
- Woolfolk, AL: less expensive homes
- Back Gate, AR: less expensive homes
- Bachelors Hall, VA: equally priced homes
- Atqasuk, AK: less expensive homes
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