Similar to its nearby areas, it is substantially less expensive compared to the country as a whole. It's a lot less expensive compared to the city of Oklahoma City.
Home prices
The median home in Hydro costs $94,000. In comparison to other places in this area it is approximately $4,320 (4%) lower.Compared to the US as a whole it is roughly $123,500 (56%) lower, and in comparison to the city of Oklahoma City it is roughly $64,500 (40%) lower.
Rents
In Hydro the median rent is $681 a month. Compared to the surrounding areas it is about $14 (2%) higher.Compared to the rest of the country it is roughly $381 (35%) lower, and it is roughly $190 (21%) lower in comparison to the city of Oklahoma City.
Nearby places
Weatherford
Weatherford is about 5 miles west from Hydro. Its real estate prices are significantly more expensive. Weatherford's median home value is $169,600, which is $75,600 (44%) higher than Hydro. Rent there is fairly similar. In Weatherford the median monthly rent is $696, which comes out to $15 (2%) higher than Hydro.
Bridgeport
Bridgeport is about 9 miles east from Hydro. The real estate prices there are a lot less expensive. The price of the median home in Bridgeport is $60,000, which works out to $34,000 (56%) lower than Hydro. Rent there is substantially less expensive. Bridgeport's median monthly rent is $475, which is $206 (43%) lower than Hydro.
Hinton
Hinton is about 11 miles southeast from Hydro. Its housing prices are somewhat more expensive. The median home price in Hinton is $114,800, which comes out to $20,800 (18%) higher than Hydro. Rent there is a little more expensive. In Hinton the median monthly rent is $781, which works out to $100 (12%) higher than Hydro.
Geary
Geary is about 14 miles east of Hydro. The housing prices there are a lot less expensive. The value of the median home in Geary is $60,700, which comes out to $33,300 (54%) lower than Hydro. Its rents are a little less expensive. Geary's median rent is $546 a month, which comes out to $135 (24%) lower than Hydro.
Corn
Corn is approximately 15 miles southwest from Hydro. Its housing prices are somewhat less expensive. The median home in Corn costs $86,500, which works out to $7,500 (8%) lower than Hydro. Its rents are a little more expensive. Corn's median rent is $836 a month, which is $155 (18%) higher than Hydro.