The Most Affordable Neighborhoods in Fredericksburg, OH by Home Value

 

Fredericksburg, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fredericksburg area can be challenging. Home prices in Fredericksburg are now at a median cost of $306,137, higher than the Ohio average of $181,280.

The average cost of rent is $686/mo in Fredericksburg, primarily driven by the current value of real estate in the Fredericksburg area. While nearly 44.08% of residents own their homes outright in Fredericksburg, 16.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fredericksburg is $6,308 per month. Households that rent pay about 10.87% of their income on rent here. Fredericksburg's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.


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