Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oil Springs area can be challenging. Home prices in Oil Springs are now at a median cost of $131,525, lower than the Kentucky average of $164,895.
The average cost of rent is $765/mo in Oil Springs, primarily driven by the current value of real estate in the Oil Springs area. While nearly 53.42% of residents own their homes outright in Oil Springs, 33.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oil Springs is $2,890 per month. Households that rent pay about 26.47% of their income on rent here. Oil Springs's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Staffordsville, KY: higher priced homes
- Fuget, KY: less expensive homes
- Volga, KY: equally priced homes
- Lacey, KY: less expensive homes
- Flat Fork, KY: less expensive homes
- Hagerhill, KY: less expensive homes
- Collista, KY: less expensive homes
- Relief, KY: less expensive homes
- Flatgap, KY: less expensive homes
- Wittensville, KY: higher priced homes
Cities with Similar Populations
- Rauville, SD: higher priced homes
- Navajo, NM: less expensive homes
- New Douglas, IL: higher priced homes
- Newell, IA: less expensive homes
- Newman Grove, NE: less expensive homes
- North Lawrence, NY: less expensive homes
- Norwood, CO: higher priced homes
- Oak Grove Heights, AR: higher priced homes
- Oak Park, MN: higher priced homes
- Odin, MO: higher priced homes
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