Much like other places in this area, it's substantially less expensive compared to the country as a whole. However compared to the city of Lexington, it is a bit less expensive.
Home prices
The median home in Oberlin is valued at $64,600. Compared to nearby areas it is is very similar.It is roughly $152,900 (70%) lower in comparison to the nation as a whole, and in comparison to the city of Lexington is approximately $27,800 (30%) lower.
Rents
Oberlin's median monthly rent is $656. It is roughly $76 (13%) higher compared to the surrounding areas.It is about $406 (38%) lower in comparison to the country as a whole, and it is about $112 (14%) lower compared to the city of Lexington.
Nearby places
Herndon
Herndon is about 13 miles northwest of Oberlin. The real estate prices there are a lot less expensive. The median home cost in Herndon is $35,400, which is $29,200 (82%) lower than Oberlin. Rents there are somewhat less expensive. The median rent in Herndon is $510 per month, which comes out to $146 (28%) lower than Oberlin.
Jennings
Jennings is about 14 miles southeast from Oberlin. Housing prices there are a bit less expensive. Jennings's median home price is $53,800, which comes out to $10,800 (20%) lower than Oberlin. Rents there are a bit more expensive. The median monthly rent in Jennings is $718, which is $62 (8%) higher than Oberlin.
Norcatur
Norcatur is roughly 15 miles east of Oberlin. Its housing prices are a bit less expensive. The median home price in Norcatur is $57,700, which comes out to $6,900 (11%) lower than Oberlin. The rent there is somewhat less expensive. Norcatur's median rent is $592 a month, which comes out to $64 (10%) lower than Oberlin.
Selden
Selden is about 19 miles south from Oberlin. Housing prices there are a bit more expensive. The median home in Selden is valued at $76,800, which is $12,200 (15%) higher than Oberlin. Its rents are significantly less expensive. Selden's median monthly rent is $450, which comes out to $206 (45%) lower than Oberlin.
Atwood
Atwood is approximately 23 miles west of Oberlin. Its housing prices are substantially more expensive. The median home in Atwood is valued at $99,300, which comes out to $34,700 (34%) higher than Oberlin. Rents there are similar. In Atwood the median monthly rent is $629, which comes out to $27 (4%) lower than Oberlin.
