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These days, finding an affordable place to live in the Bay Village area can be challenging. Home prices in Bay Village are now at a median cost of $294,374, higher than the Ohio average of $181,280.
The average cost of rent is $1,147/mo in Bay Village, primarily driven by the current value of real estate in the Bay Village area. While nearly 29.14% of residents own their homes outright in Bay Village, 5.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay Village is $10,232 per month. Households that rent pay about 11.21% of their income on rent here. Bay Village's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Westlake, OH: equally priced homes
- Rocky River, OH: equally priced homes
- Avon Lake, OH: equally priced homes
- North Olmsted, OH: less expensive homes
- Fairview Park, OH: less expensive homes
- Avon, OH: equally priced homes
- Lakewood, OH: less expensive homes
- North Ridgeville, OH: less expensive homes
- Olmsted Falls, OH: less expensive homes
- Sheffield, OH: less expensive homes
Cities with Similar Populations
- San Antonio, PR: less expensive homes
- Lugoff, SC: less expensive homes
- Madison, NJ: higher priced homes
- Marco Island, FL: higher priced homes
- Marianna, FL: less expensive homes
- Mason, MI: less expensive homes
- Mastic, NY: equally priced homes
- McCordsville, IN: equally priced homes
- Monticello, KY: less expensive homes
- North Chicago, IL: less expensive homes
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