The Most Affordable Neighborhoods in Iberia, OH by Home Value

 

Iberia, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Iberia area can be challenging. Home prices in Iberia are now at a median cost of $215,279, lower than the Ohio average of $236,816.

The average cost of rent is $1,048/mo in Iberia, primarily driven by the current value of real estate in the Iberia area. In Iberia, 11.94% of households rent, and 34.81% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Iberia is $7,267 per month. Households that rent pay about 14.42% of their income on rent here. Iberia’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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