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These days, finding an affordable place to live in the Bailey Lakes area can be challenging. Home prices in Bailey Lakes are now at a median cost of $180,176, lower than the Ohio average of $236,816.
The average cost of rent is $887/mo in Bailey Lakes, primarily driven by the current value of real estate in the Bailey Lakes area. In Bailey Lakes, 14.44% of households rent, and 32.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bailey Lakes is $7,102 per month. Households that rent pay about 12.49% of their income on rent here. Bailey Lakes’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Savannah, OH: higher priced homes
- Nankin, OH: equally priced homes
- Olivesburg, OH: higher priced homes
- Paradise Hill, OH: equally priced homes
- Ashland, OH: equally priced homes
- Nova, OH: higher priced homes
- Ruggles, OH: higher priced homes
- Shenandoah, OH: higher priced homes
- Polk, OH: higher priced homes
- Pavonia, OH: higher priced homes
Cities with Similar Populations
- Hunnewell, KY: less expensive homes
- New Auburn, MN: higher priced homes
- Mount Calm, TX: less expensive homes
- Montra, OH: higher priced homes
- Midland, TN: higher priced homes
- Mexico Beach, FL: higher priced homes
- Melville, LA: less expensive homes
- Mechanicsburg, VA: higher priced homes
- Mayview, MO: higher priced homes
- Longview Heights, TX: higher priced homes
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