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Affordable
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These days, finding an affordable place to live in the Guernsey area can be challenging. Home prices in Guernsey are now at a median cost of $139,805, lower than the Ohio average of $236,816.
The average cost of rent is $1,009/mo in Guernsey, primarily driven by the current value of real estate in the Guernsey area. In Guernsey, 8.00% of households rent, and 58.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Guernsey is $5,319 per month. Households that rent pay about 18.97% of their income on rent here. Guernsey’s most expensive areas are in the northeastern 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
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Cities with Similar Populations
- Birmingham, MO: equally priced homes
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- Sixmile, IA: higher priced homes
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- Bishop, TN: higher priced homes
- Birney Day School, MT: equally priced homes
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