States › Tennessee › Oakland

Is Oakland, TN expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,09619% higher than U.S. average
💵 Families earn per year (2026)$105,475about $8,790/month · 21% higher than U.S. average
🔑 House price$319,1004% lower than U.S. average

Rent is higher than in 73% of U.S. cities. A typical house costs about 3.0 years of household income. Commutes are long, about 35 minutes each way. Most homes (87%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $83,840 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other Tennessee cities?

No. Rent here is more expensive than in most of Tennessee. It is number 100 of 114 cities from cheapest to most expensive.

Oakland
$2,096
Fairview
$1,460
Winchester
$1,166
Clinton
$1,134
Halls
$2,274
Paris
$663
Brownsville
$1,062

How much do households earn in Oakland?

Under $25k
10.0%
$25k–50k
13.9%
$50k–100k
43.8%
$100k–150k
24.7%
$150k+
6.8%

Share of households by yearly income. 31.5% of households earn $100,000 or more.

Rent by apartment size in Oakland

SizeOaklandU.S. average
3 bedrooms$1,760$1,698
4 bedrooms$2,240$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Oakland overall?

Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
79
Goods (food, clothes…)
96
Utilities
72
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oakland, so the Tennessee figure is shown.

Taxes and bills in Oakland

🏛️ Property tax$1,200a year · 0.38% of home value · U.S. $3,119
⚡ Electric bill$132a month (typical) · U.S. $156

Life in Oakland

Commute to work35 minU.S.: 26.4 min
College degree33.2%U.S.: 35.7%
Own their home87%U.S.: 65.2%
Below poverty line5.8%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Oakland?

Renting is cheaper right now: about $118 a month less.

Renting
$2,096
Owning
$2,214

Owning assumes a typical $319,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,910 for the down payment.

Frequently asked questions

What is the average rent in Oakland, TN?

Renting in Oakland costs a median of about $2,096 a month in 2026, including utilities. The Tennessee median is $1,279.

How much do I need to make to live in Oakland?

To keep rent under 30% of income, you need about $83,840 a year, or $40 an hour at a full-time job.

Is Oakland cheap or expensive?

Oakland is rated OK: rent takes 23.8% of the typical household income of $105,475. It ranks 100th cheapest of 114 Tennessee cities we track.

How much are property taxes in Oakland?

The median homeowner in Oakland pays $1,200 a year in property taxes, about 0.38% of the median home value.

Is Oakland more expensive than the national average?

Overall prices in Tennessee are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Oakland?

The median home value in Oakland is $319,100, about 3.0 times the typical yearly household income.

9,979 people live in Oakland. Numbers are typical (middle) values.