Home prices
The median home cost in Tonkawa is $70,900. Compared to other places in this area it is roughly $19,660 (38%) higher.In comparison to the rest of the country it is approximately $146,600 (67%) lower, and compared to the city of Oklahoma City is about $87,600 (55%) lower.
Rents
In Tonkawa the median rent is $626 a month. This is approximately $27 (4%) lower compared to its surrounding areas.It is about $436 (41%) lower in comparison to the US as a whole, and is approximately $245 (28%) lower compared to the city of Oklahoma City.
Nearby places
Blackwell
Blackwell is roughly 8 miles north of Tonkawa. Housing prices there are a little less expensive. The median home value in Blackwell is $63,800, which is $7,100 (11%) lower than Tonkawa. Rent there is a little more expensive. Blackwell's median monthly rent is $773, which works out to $147 (19%) higher than Tonkawa.
Lamont
Lamont is approximately 11 miles west of Tonkawa. Real estate prices there are significantly less expensive. The cost of the median home in Lamont is $43,900, which is $27,000 (61%) lower than Tonkawa. The rent there is pretty similar. In Lamont the median monthly rent is $613, which works out to $13 (2%) lower than Tonkawa.
Billings
Billings is about 11 miles southwest of Tonkawa. Housing prices there are a lot less expensive. Billings's median home price is $28,900, which comes out to $42,000 (145%) lower than Tonkawa. Rents there are somewhat less expensive. Billings's median monthly rent is $538, which works out to $88 (16%) lower than Tonkawa.
Marland
Marland is approximately 11 miles southeast of Tonkawa. Its housing prices are significantly less expensive. Marland's median home price is $23,000, which is $47,900 (208%) lower than Tonkawa. Its rents are somewhat more expensive. Marland's median rent is $664 a month, which comes out to $38 (5%) higher than Tonkawa.
Ponca City
Ponca City is about 12 miles east of Tonkawa. Its real estate prices are a little more expensive. The median home price in Ponca City is $96,600, which works out to $25,700 (26%) higher than Tonkawa. Its rents are a bit more expensive. In Ponca City the median monthly rent is $678, which comes out to $52 (7%) higher than Tonkawa.