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These days, finding an affordable place to live in the Canfield area can be challenging. Home prices in Canfield are now at a median cost of $308,738, higher than the Ohio average of $236,816.
The average cost of rent is $928/mo in Canfield, primarily driven by the current value of real estate in the Canfield area. In Canfield, 16.04% of households rent, and 40.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canfield is $8,313 per month. Households that rent pay about 11.17% of their income on rent here. Canfield’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marquis, OH: higher priced homes
- New Buffalo, OH: less expensive homes
- Ellsworth, OH: less expensive homes
- Austintown, OH: less expensive homes
- Paradise, OH: higher priced homes
- Boardman, OH: less expensive homes
- Locust Grove, OH: less expensive homes
- West Austintown, OH: less expensive homes
- Youngstown, OH: less expensive homes
- North Lima, OH: less expensive homes
Cities with Similar Populations
- Prairie Village, KS: higher priced homes
- Kennett Square, PA: higher priced homes
- Kilgore, TX: less expensive homes
- Lebanon, MO: less expensive homes
- Lucedale, MS: less expensive homes
- Lynbrook, NY: higher priced homes
- Lyndhurst, NJ: higher priced homes
- Penfield, NY: equally priced homes
- Pinole, CA: higher priced homes
- Pleasant Prairie, WI: higher priced homes
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