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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 $119,471, lower than the Ohio average of $236,816.
The average cost of rent is $855/mo in Oakwood, primarily driven by the current value of real estate in the Oakwood area. In Oakwood, 19.85% of households rent, and 54.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakwood is $5,175 per month. Households that rent pay about 16.52% of their income on rent here. Oakwood’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Melrose, OH: equally priced homes
- Rice, OH: higher priced homes
- Dupont, OH: equally priced homes
- Junction, OH: higher priced homes
- Continental, OH: higher priced homes
- Roselms, OH: higher priced homes
- Mandale, OH: higher priced homes
- Grover Hill, OH: less expensive homes
- Ayersville, OH: higher priced homes
- North Creek, OH: higher priced homes
Cities with Similar Populations
- Booneville, KY: less expensive homes
- Center, GA: higher priced homes
- Sudlersville, MD: higher priced homes
- Cayuga, NY: higher priced homes
- Casnovia, MI: higher priced homes
- Center Point, LA: higher priced homes
- Waukomis, OK: higher priced homes
- Clio, AL: equally priced homes
- Cohocton, NY: equally priced homes
- Teals Crossroads, AL: less expensive homes
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