
Affordable
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These days, finding an affordable place to live in the Russell area can be challenging. Home prices in Russell are now at a median cost of $129,414, lower than the Oklahoma average of $210,566.
The average cost of rent is $694/mo in Russell, primarily driven by the current value of real estate in the Russell area. In Russell, 8.08% of households rent, and 57.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Russell is $5,193 per month. Households that rent pay about 13.37% of their income on rent here. Russell’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Duke, OK: less expensive homes
- East Duke, OK: less expensive homes
- Gould, OK: higher priced homes
- Mangum, OK: less expensive homes
- McKnight, OK: higher priced homes
- Martha, OK: higher priced homes
- Hollis, OK: less expensive homes
- Victory, OK: higher priced homes
- Blair, OK: higher priced homes
- Altus, OK: higher priced homes
Cities with Similar Populations
- Silver Valley, TX: equally priced homes
- Kenilworth, MT: equally priced homes
- Shallow Water, KS: higher priced homes
- Shannondale, MO: higher priced homes
- Sharon, IA: higher priced homes
- Sherrett, PA: higher priced homes
- Sherwood, OK: higher priced homes
- Shields, ND: less expensive homes
- Shreve, KY: less expensive homes
- Siegle, LA: higher priced homes
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