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These days, finding an affordable place to live in the Red Oak area can be challenging. Home prices in Red Oak are now at a median cost of $103,566, lower than the Oklahoma average of $210,566.
The average cost of rent is $761/mo in Red Oak, primarily driven by the current value of real estate in the Red Oak area. In Red Oak, 19.48% of households rent, and 70.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Oak is $4,092 per month. Households that rent pay about 18.60% of their income on rent here. Red Oak’s most expensive areas are in the southern 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
- Hughes, OK: less expensive homes
- Lodi, OK: equally priced homes
- Le Flore, OK: higher priced homes
- Norris, OK: higher priced homes
- Lutie, OK: equally priced homes
- Gowen, OK: higher priced homes
- Fanshawe, OK: higher priced homes
- Wilburton, OK: equally priced homes
- Summerfield, OK: higher priced homes
- Walls, OK: higher priced homes
Cities with Similar Populations
- Wootens Crossroads, NC: higher priced homes
- Altmar, NY: equally priced homes
- Norwich, OH: higher priced homes
- Scooba, MS: higher priced homes
- Oak Flat, TX: higher priced homes
- Olean, MO: higher priced homes
- Owyhee, NV: higher priced homes
- Paint, PA: equally priced homes
- Pattison, MS: less expensive homes
- Pine Grove, WV: higher priced homes
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