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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 $459,658, higher than the Mississippi average of $183,008.
The average cost of rent is $1,132/mo in Oxford, primarily driven by the current value of real estate in the Oxford area. In Oxford, 42.12% of households rent, and 45.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oxford is $7,054 per month. Households that rent pay about 16.06% of their income on rent here. Oxford’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- University, MS: less expensive homes
- Tula, MS: equally priced homes
- College Hill, MS: less expensive homes
- Lafayette Springs, MS: less expensive homes
- Taylor, MS: less expensive homes
- Yocona, MS: less expensive homes
- Abbeville, MS: less expensive homes
- Burgess, MS: less expensive homes
- Springdale, MS: less expensive homes
- Denmark, MS: less expensive homes
Cities with Similar Populations
- American Fork, UT: higher priced homes
- Andover, MA: higher priced homes
- Boardman, OH: less expensive homes
- Boone, NC: less expensive homes
- Bowling Green, OH: less expensive homes
- Eagle, ID: higher priced homes
- Durango, CO: higher priced homes
- Desert Hot Springs, CA: less expensive homes
- Cooper City, FL: higher priced homes
- Culpeper, VA: less expensive homes
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