The Most Affordable Neighborhoods in 3rd Ward, Portsmouth, OH by Home Value

 

3rd Ward, Portsmouth, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 3rd Ward area can be challenging. Home prices in 3rd Ward are now at a median cost of $103,151, higher than the Portsmouth average of $87,811.

The average cost of rent is $640/mo in 3rd Ward, primarily driven by the current value of real estate in the 3rd Ward area. While nearly 59.16% of residents own their homes outright in 3rd Ward, 47.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in 3rd Ward is $3,917 per month. Households that rent pay about 16.34% of their income on rent here. 3rd Ward's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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