The Most Affordable Neighborhoods in Loudonville, OH by Home Value

These days, finding an affordable place to live in the Loudonville area can be challenging. Home prices in Loudonville are now at a median cost of $209,184, lower than the Ohio average of $236,816.

The average cost of rent is $761/mo in Loudonville, primarily driven by the current value of real estate in the Loudonville area. In Loudonville, 26.47% of households rent, and 44.00% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Loudonville is $5,879 per month. Households that rent pay about 12.95% of their income on rent here. Loudonville’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.

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