Similar to nearby areas, it is substantially more expensive compared to the US as a whole. Compared to even the city of Tampa, it's a lot more expensive.
Home prices
Oakland's median home value is $327,100. It is roughly $10,060 (2%) lower compared to nearby areas.Compared to the entire country it is roughly $109,600 (50%) higher, and is roughly $88,200 (36%) higher in comparison to the city of Tampa.
Rents
The median monthly rent in Oakland is $1,798. It is approximately $209 (13%) higher compared to other places in this area.Compared to the country as a whole it is roughly $736 (69%) higher, and compared to the city of Tampa is approximately $667 (58%) higher.
Nearby places
Winter Garden
Winter Garden is Oakland's neighbor to the east. Its real estate prices are similar. The value of the median home in Winter Garden is $313,600, which is $13,500 (4%) lower than Oakland. Rent there is substantially less expensive. In Winter Garden the median monthly rent is $1,106, which is $692 (62%) lower than Oakland.
Montverde
Montverde is roughly 4 miles northwest of Oakland. Its real estate prices are somewhat less expensive. The median home in Montverde is valued at $302,000, which works out to $25,100 (8%) lower than Oakland. Rent there is somewhat less expensive. In Montverde the median monthly rent is $1,396, which is $402 (28%) lower than Oakland.
Clermont
Clermont is approximately 5 miles west of Oakland. The housing prices there are significantly less expensive. The median home in Clermont costs $233,000, which works out to $94,100 (40%) lower than Oakland. Rents there are somewhat less expensive. In Clermont the median rent is $1,415 a month, which comes out to $383 (27%) lower than Oakland.
Ocoee
Ocoee is about 5 miles east from Oakland. Its housing prices are significantly less expensive. The value of the median home in Ocoee is $242,200, which works out to $84,900 (35%) lower than Oakland. Its rents are somewhat less expensive. In Ocoee the median rent is $1,441 per month, which works out to $357 (24%) lower than Oakland.
Windermere
Windermere is roughly 6 miles southeast of Oakland. Its real estate prices are significantly more expensive. The median home in Windermere costs $595,000, which works out to $267,900 (45%) higher than Oakland. The rent there is somewhat more expensive. The median rent in Windermere is $2,588 per month, which comes out to $790 (30%) higher than Oakland.