The Most Affordable Neighborhoods in Spelter City, OK by Home Value

 

Spelter City, OK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spelter City area can be challenging. Home prices in Spelter City are now at a median cost of $137,282, lower than the Oklahoma average of $210,566.

The average cost of rent is $794/mo in Spelter City, primarily driven by the current value of real estate in the Spelter City area. In Spelter City, 13.85% of households rent, and 49.21% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spelter City is $5,255 per month. Households that rent pay about 15.10% of their income on rent here. Spelter City’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.


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