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Oakland, MD

Full City Profile · Maryland · Garrett County County

3.1 /5.0
B Good
2,043 Population 754/sq mi density
$59,904 Median Income $34,981 per capita
$247,100 Home Value $274,125 Zillow
$631 Median Rent 21.3% income on rent
50°F Avg Temperature 290 sunny days/yr
110 Violent Crime/100K 6,278 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$59,904 median income, 0.8% unemployment
A
Affordability
4.4 / 5.0
$247,100 home value, $631/mo rent
F
Safety
1.0 / 5.0
110 violent crimes/100K
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher

Housing Overview

Median Home Value
$247,100
12% below
US avg: $281,900
Median Rent
$631/mo
46% below
US avg: $1,163/mo
Homeownership Rate
49.1%
25% below US avg (65.4%)
Total Housing Units
1,119
Median year built: 1969

Home Value by Source

Census Median
$247,100
Zillow (ZHVI)
$274,125
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

49.1%
Owner-Occupied
50.9%
Renter-Occupied
49%
51%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $631/mo

Affordability & Housing Stock

Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
49.1%

Complete Housing Data

Home Values

Census Median Value$247,100
Zillow Home Value (ZHVI)$274,125

Rent

Census Median Rent$631
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Ownership & Stock

Owner-Occupied49.1%
Renter-Occupied50.9%
Homeownership Rate49.1%
Total Housing Units1,119
Median Year Built1969
Rent Burden21.3%