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Affordable
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These days, finding an affordable place to live in the Hanging Rock area can be challenging. Home prices in Hanging Rock are now at a median cost of $122,500, lower than the Ohio average of $236,816.
The average cost of rent is $631/mo in Hanging Rock, primarily driven by the current value of real estate in the Hanging Rock area. In Hanging Rock, 23.08% of households rent, and 78.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hanging Rock is $4,942 per month. Households that rent pay about 12.77% of their income on rent here. Hanging Rock’s most expensive areas are in the central 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
- Worthington, KY: equally priced homes
- Raceland, KY: equally priced homes
- Wurtland, KY: equally priced homes
- Flatwoods, KY: equally priced homes
- Russell, KY: higher priced homes
- Ironton, OH: equally priced homes
- Ohio Furnace, OH: higher priced homes
- Bellefonte, KY: higher priced homes
- Lawco, OH: less expensive homes
- Haverhill, OH: higher priced homes
Cities with Similar Populations
- Radersburg, MT: higher priced homes
- Pingree, ND: higher priced homes
- Piqua, KY: higher priced homes
- Plantersville, VA: higher priced homes
- Pleasant Gap, VA: higher priced homes
- Powersville, MO: less expensive homes
- Predmore, MN: higher priced homes
- Priestley, WV: higher priced homes
- Pritchardsville, KY: higher priced homes
- Pulcifer, WI: higher priced homes
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