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These days, finding an affordable place to live in the Locust Ridge area can be challenging. Home prices in Locust Ridge are now at a median cost of $228,562, lower than the Ohio average of $236,816.
The average cost of rent is $764/mo in Locust Ridge, primarily driven by the current value of real estate in the Locust Ridge area. In Locust Ridge, 19.86% of households rent, and 41.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locust Ridge is $6,433 per month. Households that rent pay about 11.87% of their income on rent here. Locust Ridge’s most expensive areas are in the northern 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
- Williamsburg, OH: less expensive homes
- New Harmony, OH: equally priced homes
- Marathon, OH: equally priced homes
- Bantam, OH: higher priced homes
- Owensville, OH: equally priced homes
- Mount Orab, OH: equally priced homes
- Newtonsville, OH: equally priced homes
- Bethel, OH: equally priced homes
- Five Mile, OH: higher priced homes
- Hulington, OH: less expensive homes
Cities with Similar Populations
- Enterprise, LA: less expensive homes
- Eddy, NY: less expensive homes
- Eden, MS: less expensive homes
- Eden, SD: less expensive homes
- Edgefield, OH: less expensive homes
- Edinburg, NY: higher priced homes
- Edmonds, ID: higher priced homes
- Elk Creek, CA: higher priced homes
- Elliston, MT: higher priced homes
- Elm View, CA: higher priced homes
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