Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Oldenburg area can be challenging. Home prices in Oldenburg are now at a median cost of $232,314, higher than the Indiana average of $175,617.
The average cost of rent is $730/mo in Oldenburg, primarily driven by the current value of real estate in the Oldenburg area. While nearly 42.18% of residents own their homes outright in Oldenburg, 10.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oldenburg is $6,269 per month. Households that rent pay about 11.64% of their income on rent here. Oldenburg's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
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