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Affordable
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These days, finding an affordable place to live in the Flat Rock area can be challenging. Home prices in Flat Rock are now at a median cost of $169,678, lower than the Ohio average of $236,816.
The average cost of rent is $811/mo in Flat Rock, primarily driven by the current value of real estate in the Flat Rock area. In Flat Rock, 18.31% of households rent, and 44.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flat Rock is $6,449 per month. Households that rent pay about 12.57% of their income on rent here. Flat Rock’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bellevue, OH: equally priced homes
- Hunts Corner, OH: equally priced homes
- West Lodi, OH: higher priced homes
- Mount Carmel, OH: higher priced homes
- Reedtown, OH: higher priced homes
- Colby, OH: higher priced homes
- Bismarck, OH: higher priced homes
- North Monroeville, OH: equally priced homes
- Clyde, OH: equally priced homes
- Peru, OH: equally priced homes
Cities with Similar Populations
- Scottsville, AR: less expensive homes
- South Byron, WI: higher priced homes
- Smyrna, NC: higher priced homes
- Smithwick, TX: higher priced homes
- Silver Spring, NC: higher priced homes
- Silver Beach Heights, FL: higher priced homes
- Sieper, LA: less expensive homes
- Sharon Grove, KY: less expensive homes
- Seaton, MO: higher priced homes
- South Hanlon, TX: less expensive homes
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