The Most Affordable Neighborhoods in Avon Lake, OH by Home Value

 

Avon Lake, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Avon Lake area can be challenging. Home prices in Avon Lake are now at a median cost of $283,680, higher than the Ohio average of $181,280.

The average cost of rent is $1,286/mo in Avon Lake, primarily driven by the current value of real estate in the Avon Lake area. While nearly 31.04% of residents own their homes outright in Avon Lake, 17.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in Avon Lake is $8,289 per month. Households that rent pay about 15.51% of their income on rent here. Avon Lake's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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