Home prices
The median home price in Oakland is $468,700. This is approximately $25,240 (5%) higher compared to its nearby areas.In comparison to the US as a whole it is roughly $251,200 (115%) higher, and in comparison to the city of New York is roughly $137,300 (22%) lower.
Rents
In Oakland the median rent is $1,642 per month. It is roughly $261 (13%) lower in comparison to other places in this area.Compared to the rest of the nation it is about $580 (54%) higher, and it is about $199 (13%) higher compared to the city of New York.
Nearby places
Franklin Lakes
Franklin Lakes is Oakland's neighbor to the southeast. Housing prices there are substantially more expensive. The cost of the median home in Franklin Lakes is $945,900, which comes out to $477,200 (50%) higher than Oakland. Rent there is a lot more expensive. In Franklin Lakes the median rent is $2,642 a month, which comes out to $1,000 (37%) higher than Oakland.
Wanaque
Wanaque is Oakland's neighbor to the west. The housing prices there are significantly less expensive. The median home in Wanaque costs $318,000, which is $150,700 (47%) lower than Oakland. Rents there are fairly similar. Wanaque's median monthly rent is $1,595, which is $47 (2%) lower than Oakland.
Pompton Lakes
Pompton Lakes is Oakland's neighbor to the southwest. The housing prices there are significantly less expensive. The median home value in Pompton Lakes is $302,700, which comes out to $166,000 (54%) lower than Oakland. The rent there is a little less expensive. The median rent in Pompton Lakes is $1,536 a month, which is $106 (6%) lower than Oakland.
Bloomingdale
Bloomingdale is roughly 4 miles west from Oakland. The real estate prices there are significantly less expensive. The median home cost in Bloomingdale is $303,300, which works out to $165,400 (54%) lower than Oakland. Rent there is pretty similar. In Bloomingdale the median rent is $1,645 per month, which is very similar to Oakland.
Riverdale
Riverdale is roughly 4 miles southwest from Oakland. Its housing prices are significantly less expensive. The median home in Riverdale is valued at $347,400, which works out to $121,300 (34%) lower than Oakland. Rent there is a little more expensive. The median rent in Riverdale is $2,098 per month, which works out to $456 (21%) higher than Oakland.
