Overlooking Tucker Tower on Lake Murray, Ardmore, Oklahoma.

6 Most Affordable Towns to Retire in Oklahoma

When you think of retirement the first things that come to mind might be relaxing in a beautiful place carefree. However, an important part of retirement is making sure the place you live is affordable. Oklahoma is a great state to retire to because of the budget friendly charming towns suited for nearly anyone. Alva is a safe, affordable town near the beautiful Boiling State Park. The Village is a great town to retire to for those looking for an affordable place with a vibrant community. Whatever you are looking for in a town to retire to, these six towns are the most affordable in Oklahoma to consider.

Alva

Sunny view of the campus of Northwestern Oklahoma State University at Alva, Oklahoma.
Campus of Northwestern Oklahoma State University at Alva, Oklahoma.

Alva is a small town with less than 5,000 people in Woods County. The town is perfect for outdoor enthusiasts looking to retire to an affordable place. The town is near Boiling State Park, a great spot for hiking, biking, and swimming. Alva is also near the Salt Fork Arkansas River and has a local farmers market to enjoy on Sundays.

Most importantly, Alva is affordable, whether you want to rent or buy. The median price of a place to rent in Alva is $1,400 per month. The median home listing price in Alva is below $100,000, making the town extremely affordable compared to the current US national average of around $420,000.

The Village

Building in Oklahoma City, Oklahoma
Building in Oklahoma City, Oklahoma. Image credit MARELBU, CC BY 3.0, via Wikimedia Commons

The Village is a charming town just north of Oklahoma City. Even though the town is close to the city, house and rent prices are significantly lower. The median price of rent in The Village is around $900 monthly, and the median home listing price is $229,000.

In The Village, you get the perks of being close to Oklahoma City while enjoying the serenity of a small town. There are many urban conveniences in the Village, including shopping centers and a beautiful central park. The Village also has a vibrant, active community, with festivals throughout the year celebrating heritage and art galleries to enjoy. Lake Hefner is just a short drive from. The lake is a great place for retirees to go for a walk, run, kayak, golf, or fish.

Ardmore

The old business district on Main Street, Ardmore, Oklahoma.
The old business district on Main Street, Ardmore, Oklahoma. Image credit Roberto Galan via Shutterstock

Ardmore has a little bit of everything to offer, with golf courses, shopping opportunities and a fantastic arts and culture scene. What typically draws people to Ardmore is the beautiful Lake Murray near the town. The lake gives the town a laid-back vibe as people spend their days swimming, boating, and fishing.

Beyond the lake life, Ardmore has top-notch healthcare facilities. Ardmore is home to Southbrook Healthcare, a nursing facility with more than 45 years of experience in the area. They specialize in helping rehabilitate patients. Ardmore is also an affordable town. While housing costs have risen in Ardmore, they are still some of the lowest in the state. The median cost to rent a house in Ardmore is $1,100 monthly, and the median home listing price is $198,500.

Medicine Park

The beautiful town of Medicine Park, Oklahoma.
The beautiful town of Medicine Park, Oklahoma.

Medicine Park started out as a resort town. Today it is a charming town in the Wichita Mountains. Many cobblestone buildings in Medicine Park serve as a reminder of the town's early days. Medicine Creek also flows through the town, which makes for a serene setting. While Oklahoma isn't known for mountains, Medicine Park is a town where you can enjoy the beauty of Mt. Scott. While the summit only reaches a height of 2,464 feet, it offers expansive views of the Oklahoma plains and Wichita Mountains.

Overall the natural scenery and charming town make a great place for retirees looking to settle in a scenic, but affordable area. While rentals in Medicine Park can be hard to find, the median rent price is still relatively low at $950 per month. For those looking to buy, the median home listing price is a reasonable $95,000.

Piedmont

Downtown Piedmont, Oklahoma.
Downtown Piedmont, Oklahoma. Image credit Jmbranum via Wikimedia Commons

If you want to retire in a picturesque but affordable small town, Piedmont is the town for you. The town is home to the beautiful Piedmont Community Park, perfect for enjoying a summer walk. Only 25 miles from Oklahoma City, it is only a short trip away to find all the amenities you will need.

Whether you want to buy or rent in Piedmont, there is an excellent option. The median price to rent a place in Piedmont is $1,500, and the median home listing price is $339,000. While this is more expensive than some places in Oklahoma, it is still well below the national average.

Bartlesville

Historical buildings in Bartlesville, Oklahoma
Historical buildings in Bartlesville, Oklahoma.

Bartlesville is the ideal town for those looking for an affordable place that will keep not only them but their grandchildren entertained. Downtown Bartlesville has a heritage trail which is a great place to spend the afternoon, enjoying the outdoors and learning about local history. The Center For Arts, Events, and Community is a great place to spend a night out enjoying a local show. The Bartlesville Kiddie Park is a great place to take when the grandchildren come to visit.

Bartlesville is also an overall safe and affordable place to retire to. The median price of a place to rent in Bartlesville is $1,050, and the median home listing price in Bartlesville is $227,000.

Oklahoma has a number of towns for people on a budget looking for an affordable place to retire to. These towns show that you don't have to sacrifice healthcare accessibility, vibrant culture, and natural scenery because you are on a budget. Looking for affordable towns allows people to get the most out of their dollars. Settling in one of these towns in the Sooner State, will allow retirees the opportunity to enjoy their retirement however they choose without having to worry so much about money.

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