The Most Affordable Neighborhoods in Lower Salem, OH by Home Value

 

Lower Salem, OH Map of Most Affordable Neighborhoods
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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 $114,559, lower than the Ohio average of $181,280.

The average cost of rent is $909/mo in Lower Salem, primarily driven by the current value of real estate in the Lower Salem area. While nearly 64.66% of residents own their homes outright in Lower Salem, 19.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lower Salem is $4,126 per month. Households that rent pay about 22.04% of their income on rent here. Lower Salem's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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