Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frederick area can be challenging. Home prices in Frederick are now at a median cost of $241,965, higher than the Ohio average of $181,280.
The average cost of rent is $916/mo in Frederick, primarily driven by the current value of real estate in the Frederick area. While nearly 23.72% of residents own their homes outright in Frederick, 10.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frederick is $7,259 per month. Households that rent pay about 12.61% of their income on rent here. Frederick's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- West Milton, OH: less expensive homes
- Union, OH: less expensive homes
- Englewood, OH: less expensive homes
- Ludlow Falls, OH: less expensive homes
- Vandalia, OH: less expensive homes
- Tipp City, OH: equally priced homes
- Clayton, OH: less expensive homes
- Phillipsburg, OH: less expensive homes
- Potsdam, OH: less expensive homes
- Troy, OH: less expensive homes
Cities with Similar Populations
- Rio Blanco, CO: higher priced homes
- Neel, OH: less expensive homes
- Nett Lake, MN: less expensive homes
- New Era, LA: less expensive homes
- Noble, MO: less expensive homes
- Norden, CA: higher priced homes
- North Pitcher, NY: less expensive homes
- Reynolds, NE: less expensive homes
- Richey, MS: less expensive homes
- Richland, TN: less expensive homes
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