salaryRent is higher than in 70% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 4.8 years of household income. Commutes are long, about 31.1 minutes each way. Most households rent (66%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $81,000 a year. That is $39 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 269 of 479 cities from cheapest to most expensive.
How much do households earn in Oak Ridge?
Share of households by yearly income. 7.1% of households earn $100,000 or more.
Rent by apartment size in Oak Ridge
| Size | Oak Ridge | U.S. average |
|---|---|---|
| Studio | $1,378 | $1,338 |
| 1 bedroom | $1,508 | $1,324 |
| 2 bedrooms | $1,559 | $1,509 |
| 3 bedrooms | $1,743 | $1,698 |
| 4 bedrooms | $1,908 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Oak Ridge overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oak Ridge, so the Florida figure is shown.
Taxes and bills in Oak Ridge
Life in Oak Ridge
Is it cheaper to rent or buy in Oak Ridge?
Buying is cheaper month to month: about $81 a month less than renting.
Owning assumes a typical $280,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,020 for the down payment.
Frequently asked questions
What is the average rent in Oak Ridge, FL?
Renting in Oak Ridge costs a median of about $2,025 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Oak Ridge?
To keep rent under 30% of income, you need about $81,000 a year, or $39 an hour at a full-time job.
Is Oak Ridge cheap or expensive?
Oak Ridge is rated Expensive: rent takes 41.2% of the typical household income of $58,978. It ranks 269th cheapest of 479 Florida cities we track.
How much are property taxes in Oak Ridge?
The median homeowner in Oak Ridge pays $1,659 a year in property taxes, about 0.59% of the median home value.
Is Oak Ridge more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Oak Ridge?
The median home value in Oak Ridge is $280,200, about 4.8 times the typical yearly household income.
23,364 people live in Oak Ridge. Numbers are typical (middle) values.