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Affordable
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These days, finding an affordable place to live in the Welch area can be challenging. Home prices in Welch are now at a median cost of $206,240, lower than the Oklahoma average of $210,566.
The average cost of rent is $752/mo in Welch, primarily driven by the current value of real estate in the Welch area. In Welch, 24.92% of households rent, and 65.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Welch is $4,742 per month. Households that rent pay about 15.86% of their income on rent here. Welch’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bluejacket, OK: less expensive homes
- Chetopa, KS: less expensive homes
- Bartlett, KS: less expensive homes
- Melrose, KS: equally priced homes
- North Miami, OK: less expensive homes
- Douthat, OK: less expensive homes
- Edna, KS: less expensive homes
- Faulkner, KS: equally priced homes
- Commerce, OK: less expensive homes
- Miami, OK: less expensive homes
Cities with Similar Populations
- Venice, IL: less expensive homes
- Granville, IL: less expensive homes
- Hammond, NY: less expensive homes
- Herndon, PA: equally priced homes
- Kooskia, ID: higher priced homes
- Lamar, MS: less expensive homes
- Lead Hill, AR: less expensive homes
- Lisbon, NY: less expensive homes
- Lockesburg, AR: less expensive homes
- Loyalton, CA: higher priced homes
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