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These days, finding an affordable place to live in the Olney area can be challenging. Home prices in Olney are now at a median cost of $130,080, lower than the Oklahoma average of $210,566.
The average cost of rent is $730/mo in Olney, primarily driven by the current value of real estate in the Olney area. In Olney, 23.37% of households rent, and 63.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olney is $4,118 per month. Households that rent pay about 17.73% of their income on rent here. Olney’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarita, OK: less expensive homes
- Phillips, OK: equally priced homes
- Lehigh, OK: higher priced homes
- Wapanucka, OK: equally priced homes
- Coalgate, OK: equally priced homes
- Cottonwood, OK: higher priced homes
- Bromide, OK: less expensive homes
- Tushka, OK: higher priced homes
- Jesse, OK: higher priced homes
- Atoka, OK: higher priced homes
Cities with Similar Populations
- Allentown, GA: equally priced homes
- Roberts, IL: less expensive homes
- River Junction, IA: higher priced homes
- Rivare, IN: higher priced homes
- Long Pine, NE: less expensive homes
- Lodore, VA: higher priced homes
- Locust Hill, VA: higher priced homes
- Lockhart, SC: less expensive homes
- Littleton, IL: less expensive homes
- Little Rock, KY: higher priced homes
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