The Most Affordable Neighborhoods in Oklahoma City, OK by Home Value

 

Oklahoma City, OK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Oklahoma City area can be challenging. Home prices in Oklahoma City are now at a median cost of $191,917, higher than the Oklahoma average of $161,319.

The average cost of rent is $1,051/mo in Oklahoma City, primarily driven by the current value of real estate in the Oklahoma City area. While nearly 41.20% of residents own their homes outright in Oklahoma City, 31.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oklahoma City is $6,253 per month. Households that rent pay about 16.81% of their income on rent here. Oklahoma City's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.


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