Affordable
Expensive
Expensive
Colorblind friendly
off
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 $197,598, higher than the Waco average of $192,745.
The average cost of rent is $1,272/mo in Oakwood, primarily driven by the current value of real estate in the Oakwood area. In Oakwood, 87.89% of households rent, and 61.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oakwood is $1,968 per month. Households that rent pay about 64.66% of their income on rent here. Oakwood’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Baylor, Waco, TX: less expensive homes
- University, Waco, TX: less expensive homes
- Alta Vista-Waco, Waco, TX: less expensive homes
- Kendrick, Waco, TX: less expensive homes
- Brookview, Waco, TX: less expensive homes
- Carver, Waco, TX: less expensive homes
- North Waco, Waco, TX: less expensive homes
- Richland Hills, Waco, TX: equally priced homes
- Landon Branch, Waco, TX: higher priced homes
- Cedar Ridge, Waco, TX: higher priced homes
Neighborhoods with Similar Populations
- Audubon, Louisville, KY: higher priced homes
- Barclay Downs, Charlotte, NC: higher priced homes
- Barton Chapel, Augusta, GA: less expensive homes
- Brookline Village, Brookline, MA: higher priced homes
- Delawanna, Clifton, NJ: higher priced homes
- Rose Hill, Columbus, GA: less expensive homes
- North Kensington, Kensington, MD: higher priced homes
- North Shoal Creek, Austin, TX: higher priced homes
- North Square, Waterbury, CT: equally priced homes
- Northbrook, Cincinnati, OH: less expensive homes
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