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These days, finding an affordable place to live in the Prague area can be challenging. Home prices in Prague are now at a median cost of $177,052, lower than the Oklahoma average of $210,566.
The average cost of rent is $874/mo in Prague, primarily driven by the current value of real estate in the Prague area. In Prague, 25.40% of households rent, and 58.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prague is $5,062 per month. Households that rent pay about 17.26% of their income on rent here. Prague’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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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