Home Price Key
Affordable
Average
Expensive
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 $185,505, lower than the Tennessee average of $218,916.
The average cost of rent is $740/mo in Oakwood, primarily driven by the current value of real estate in the Oakwood area. While nearly 19.37% of residents own their homes outright in Oakwood, 17.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oakwood is $5,988 per month. Households that rent pay about 12.36% of their income on rent here. Oakwood's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Needmore, TN: less expensive homes
- Woodlawn, TN: equally priced homes
- Indian Mound, TN: less expensive homes
- Legate, TN: less expensive homes
- Throckmorton, TN: less expensive homes
- Palmyra, TN: less expensive homes
- Wyatts Chapel, TN: less expensive homes
- Fort Campbell, TN: equally priced homes
- Round Pond, TN: equally priced homes
- Lafayette, KY: less expensive homes
Cities with Similar Populations
- Wemple, LA: less expensive homes
- Clarmin, IL: equally priced homes
- Cleator, AZ: equally priced homes
- Clines Island, MO: less expensive homes
- Clinton, NE: less expensive homes
- Watkins, TN: less expensive homes
- Weatherby, OR: equally priced homes
- Wegra, AL: less expensive homes
- Wellford, VA: higher priced homes
- Christina, MT: equally priced homes
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