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Affordable
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These days, finding an affordable place to live in the Eldorado area can be challenging. Home prices in Eldorado are now at a median cost of $154,361, lower than the Ohio average of $236,816.
The average cost of rent is $981/mo in Eldorado, primarily driven by the current value of real estate in the Eldorado area. In Eldorado, 9.67% of households rent, and 23.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eldorado is $6,173 per month. Households that rent pay about 15.90% of their income on rent here. Eldorado’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Manchester, OH: equally priced homes
- Castine, OH: higher priced homes
- New Paris, OH: less expensive homes
- New Madison, OH: less expensive homes
- New Hope, OH: higher priced homes
- Savona, OH: higher priced homes
- West Sonora, OH: higher priced homes
- Ithaca, OH: higher priced homes
- New Westville, OH: higher priced homes
- Lewisburg, OH: higher priced homes
Cities with Similar Populations
- Ontario, IN: equally priced homes
- Lamberton, MN: less expensive homes
- Lapine, LA: equally priced homes
- Leigh, NE: equally priced homes
- Akron, MI: less expensive homes
- Little Acres, AZ: less expensive homes
- Littlefork, MN: higher priced homes
- Luana, IA: higher priced homes
- Madisonville, MS: higher priced homes
- Morganza, LA: higher priced homes
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