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These days, finding an affordable place to live in the Chagrin Falls area can be challenging. Home prices in Chagrin Falls are now at a median cost of $445,247, higher than the Ohio average of $236,816.
The average cost of rent is $2,269/mo in Chagrin Falls, primarily driven by the current value of real estate in the Chagrin Falls area. In Chagrin Falls, 13.29% of households rent, and 34.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chagrin Falls is $12,287 per month. Households that rent pay about 18.47% of their income on rent here. Chagrin Falls’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Russell, OH: equally priced homes
- Bentleyville, OH: equally priced homes
- Solon, OH: equally priced homes
- Reminderville, OH: less expensive homes
- Aurora, OH: equally priced homes
- Moreland Hills, OH: higher priced homes
- Newbury, OH: less expensive homes
- Hunting Valley, OH: higher priced homes
- Mantua Center, OH: less expensive homes
- Burton Lake, OH: less expensive homes
Cities with Similar Populations
- Crescent City, CA: less expensive homes
- Sunland, CA: higher priced homes
- Summit, NJ: higher priced homes
- Stony Brook, NY: higher priced homes
- Selma, AL: less expensive homes
- Rolling Meadows, IL: less expensive homes
- Fallon, NV: less expensive homes
- East Renton Highlands, WA: higher priced homes
- Dyer, IN: less expensive homes
- Defiance, OH: less expensive homes
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