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Affordable
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These days, finding an affordable place to live in the Rhea area can be challenging. Home prices in Rhea are now at a median cost of $144,589, lower than the Oklahoma average of $210,566.
The average cost of rent is $720/mo in Rhea, primarily driven by the current value of real estate in the Rhea area. In Rhea, 15.84% of households rent, and 69.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rhea is $5,965 per month. Households that rent pay about 12.07% of their income on rent here. Rhea’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
- Leedey, OK: less expensive homes
- Webb, OK: less expensive homes
- Putnam, OK: less expensive homes
- Roll, OK: equally priced homes
- Thomas, OK: equally priced homes
- Crawford, OK: equally priced homes
- Oakwood, OK: less expensive homes
- Fay, OK: higher priced homes
- Durham, OK: equally priced homes
- Watonga, OK: less expensive homes
Cities with Similar Populations
- Pankeyville, IL: higher priced homes
- Paris Station, NY: higher priced homes
- Paradox, CO: higher priced homes
- Paradise, MO: higher priced homes
- Paradise, KS: less expensive homes
- Paradise Hot Springs, ID: higher priced homes
- Paradise Hill, OK: higher priced homes
- Paradise, AZ: higher priced homes
- Panoche, CA: higher priced homes
- Parker, IL: higher priced homes
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