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These days, finding an affordable place to live in the Lower Salem area can be challenging. Home prices in Lower Salem are now at a median cost of $150,639, lower than the Ohio average of $236,816.
The average cost of rent is $953/mo in Lower Salem, primarily driven by the current value of real estate in the Lower Salem area. In Lower Salem, 18.75% of households rent, and 56.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lower Salem is $5,555 per month. Households that rent pay about 17.16% of their income on rent here. Lower Salem’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harriettsville, OH: less expensive homes
- Warner, OH: less expensive homes
- Macksburg, OH: less expensive homes
- Wingett Run, OH: higher priced homes
- Whipple, OH: higher priced homes
- Sycamore Valley, OH: less expensive homes
- Moss Run, OH: higher priced homes
- Shay, OH: less expensive homes
- Dexter City, OH: higher priced homes
- Bloomfield, OH: less expensive homes
Cities with Similar Populations
- Westboro, WI: equally priced homes
- Cantrall, IL: higher priced homes
- Carbonado, WA: higher priced homes
- Careywood, ID: higher priced homes
- Carlton, WA: higher priced homes
- Cawthon, TX: higher priced homes
- Cecilia, LA: less expensive homes
- Charlemont, MA: higher priced homes
- Cliffland, IA: equally priced homes
- Coulterville, CA: higher priced homes
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