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These days, finding an affordable place to live in the Payson area can be challenging. Home prices in Payson are now at a median cost of $236,097, higher than the Oklahoma average of $210,566.
The average cost of rent is $822/mo in Payson, primarily driven by the current value of real estate in the Payson area. In Payson, 15.76% of households rent, and 67.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Payson is $5,112 per month. Households that rent pay about 16.09% of their income on rent here. Payson’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Meeker, OK: less expensive homes
- Sparks, OK: less expensive homes
- Bellemont, OK: equally priced homes
- Johnson, OK: less expensive homes
- Midlothian, OK: less expensive homes
- Prague, OK: less expensive homes
- Rossville, OK: less expensive homes
- Dale, OK: less expensive homes
- Paden, OK: less expensive homes
- Wellston, OK: less expensive homes
Cities with Similar Populations
- Webbs, KY: less expensive homes
- Gifford, AR: less expensive homes
- Glenview, KY: higher priced homes
- Goetzville, MI: less expensive homes
- Westphalia, KS: less expensive homes
- Grover, SC: less expensive homes
- Halls Mill, TN: higher priced homes
- West Rindge, NH: higher priced homes
- West Mecca, OH: less expensive homes
- West Galway, NY: higher priced homes
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