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These days, finding an affordable place to live in the Germantown area can be challenging. Home prices in Germantown are now at a median cost of $221,082, lower than the Ohio average of $236,816.
The average cost of rent is $1,001/mo in Germantown, primarily driven by the current value of real estate in the Germantown area. In Germantown, 16.40% of households rent, and 32.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Germantown is $8,298 per month. Households that rent pay about 12.06% of their income on rent here. Germantown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carlisle, OH: equally priced homes
- Ellerton, OH: less expensive homes
- Farmersville, OH: higher priced homes
- Miamisburg, OH: equally priced homes
- Franklin, OH: equally priced homes
- West Carrollton, OH: less expensive homes
- New Lebanon, OH: less expensive homes
- Gratis, OH: equally priced homes
- Enterprise, OH: higher priced homes
- Moraine, OH: less expensive homes
Cities with Similar Populations
- Sheffield Lake, OH: less expensive homes
- Jemison, AL: less expensive homes
- Jersey Village, TX: higher priced homes
- Kirby, TX: less expensive homes
- Salem, UT: higher priced homes
- Seward, NE: higher priced homes
- Sharon Hill, PA: less expensive homes
- Shavertown, PA: higher priced homes
- Sheffield, AL: less expensive homes
- Jefferson, WI: higher priced homes
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