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Affordable
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These days, finding an affordable place to live in the Galena area can be challenging. Home prices in Galena are now at a median cost of $550,223, higher than the Ohio average of $236,816.
The average cost of rent is $1,621/mo in Galena, primarily driven by the current value of real estate in the Galena area. In Galena, 3.65% of households rent, and 22.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Galena is $15,410 per month. Households that rent pay about 10.52% of their income on rent here. Galena’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Olive Green, OH: equally priced homes
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Cities with Similar Populations
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- Killen, AL: less expensive homes
- Keystone Heights, FL: less expensive homes
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