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Affordable
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These days, finding an affordable place to live in the Knollwood Village area can be challenging. Home prices in Knollwood Village are now at a median cost of $346,264, higher than the Ohio average of $236,816.
The average cost of rent is $1,073/mo in Knollwood Village, primarily driven by the current value of real estate in the Knollwood Village area. In Knollwood Village, 6.40% of households rent, and 34.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knollwood Village is $8,444 per month. Households that rent pay about 12.71% of their income on rent here. Knollwood Village’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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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