The Most Affordable Neighborhoods in Chagrin Falls, OH by Home Value

 

Chagrin Falls, OH Map of Most Affordable Neighborhoods
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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 $363,560, higher than the Ohio average of $181,280.

The average cost of rent is $2,344/mo in Chagrin Falls, primarily driven by the current value of real estate in the Chagrin Falls area. While nearly 31.22% of residents own their homes outright in Chagrin Falls, 9.79% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chagrin Falls is $10,601 per month. Households that rent pay about 22.11% of their income on rent here. Chagrin Falls's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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