Oak Level 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 Level is about $735 per month. This puts it in the 30th percentile compared to the state average cost of rent, which is $1,444. Households in Oak Level have a median income of $4,047 per month so the average renter in Oak Level is spending roughly 18% of their earnings on housing.
Nationally, and in Oak Level, home values are the data point most closely correlated with the cost of rent. The median price of a home in Oak Level is $182,035 right now, which is higher than nearby cities, meaning that rents in Oak Level also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Oak Level while lower rent rates are often available in southeastern areas.
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