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These days, finding an affordable place to live in the Oxford area can be challenging. Home prices in Oxford are now at a median cost of $468,476, higher than the Florida average of $396,783.
The average cost of rent is $2,076/mo in Oxford, primarily driven by the current value of real estate in the Oxford area. In Oxford, 35.79% of households rent, and 52.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oxford is $7,669 per month. Households that rent pay about 27.08% of their income on rent here. Oxford’s most expensive areas are in the northern 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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