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These days, finding an affordable place to live in the Downtown Ashland area can be challenging. Home prices in Downtown Ashland are now at a median cost of $120,594, lower than the Ashland average of $176,866.
The average cost of rent is $877/mo in Downtown Ashland, primarily driven by the current value of real estate in the Downtown Ashland area. In Downtown Ashland, 48.54% of households rent, and 36.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Ashland is $4,875 per month. Households that rent pay about 18.00% of their income on rent here. Downtown Ashland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Center Street Historic District, Ashland, OH: higher priced homes
- Shelby Center Historic District, Shelby, OH: equally priced homes
- Wooster Public Square Historic District, Wooster, OH: higher priced homes
- Medina Public Square Historic District, Medina, OH: higher priced homes
- West Main Street Historic District, Norwalk, OH: higher priced homes
- North Main Historic District, Mount Vernon, OH: higher priced homes
- Bucyrus Commercial Historical District, Bucyrus, OH: equally priced homes
- Downtown Elyria, Elyria, OH: equally priced homes
- Austin Estates, Barberton, OH: higher priced homes
- Kenmore, Akron, OH: less expensive homes
Neighborhoods with Similar Populations
- Old Town, Beaumont, TX: equally priced homes
- Lincoln, San Rafael, CA: higher priced homes
- Lincoln Park-Syracuse, Syracuse, NY: equally priced homes
- Bonneville Hills, Salt Lake City, UT: higher priced homes
- Boston Edison, Detroit, MI: higher priced homes
- Bramalea, Boca Raton, FL: higher priced homes
- Northhampton, Converse, TX: higher priced homes
- West End, Greenville, SC: higher priced homes
- Calton Gardens, Laredo, TX: higher priced homes
- Webster Park-Shady Dell, Springfield, MO: higher priced homes
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