Oak Beach renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Oak Beach is about $2,204 per month. This puts it in the 95th percentile compared to the state average cost of rent, which is $1,514. Households in Oak Beach have a median income of $8,901 per month so the average renter in Oak Beach is spending roughly 25% of their earnings on housing.
Nationally, and in Oak Beach, home values are the data point most closely correlated with the cost of rent. The median price of a home in Oak Beach is $462,109 right now, which is higher than nearby cities, meaning that rents in Oak Beach also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Oak Beach while lower rent rates are often available in northern areas.
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