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These days, finding an affordable place to live in the Elmwood Place area can be challenging. Home prices in Elmwood Place are now at a median cost of $110,240, lower than the Ohio average of $236,816.
The average cost of rent is $1,018/mo in Elmwood Place, primarily driven by the current value of real estate in the Elmwood Place area. In Elmwood Place, 61.95% of households rent, and 42.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elmwood Place is $4,361 per month. Households that rent pay about 23.35% of their income on rent here. Elmwood Place’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Bernard, OH: higher priced homes
- Golf Manor, OH: higher priced homes
- Cincinnati, OH: higher priced homes
- Norwood, OH: higher priced homes
- Arlington Heights, OH: equally priced homes
- Finneytown, OH: higher priced homes
- Wyoming, OH: higher priced homes
- Lockland, OH: equally priced homes
- Amberley, OH: higher priced homes
- Reading, OH: higher priced homes
Cities with Similar Populations
- Allenton, WI: higher priced homes
- Bethune, SC: equally priced homes
- Boyce, VA: higher priced homes
- Sebastian, TX: less expensive homes
- Herminie, PA: higher priced homes
- Humansville, MO: higher priced homes
- Kinsey, AL: higher priced homes
- Loganton, PA: higher priced homes
- Los Alamos, CA: higher priced homes
- Marion, WI: higher priced homes
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