The Most Affordable Neighborhoods in Oildale, CA by Home Value

These days, finding an affordable place to live in the Oildale area can be challenging. Home prices in Oildale are now at a median cost of $230,897, lower than the California average of $812,006.

The average cost of rent is $1,340/mo in Oildale, primarily driven by the current value of real estate in the Oildale area. In Oildale, 59.15% of households rent, and 39.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Oildale is $4,722 per month. Households that rent pay about 28.38% of their income on rent here. Oildale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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