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These days, finding an affordable place to live in the Ludlow Falls area can be challenging. Home prices in Ludlow Falls are now at a median cost of $249,747, higher than the Ohio average of $236,816.
The average cost of rent is $725/mo in Ludlow Falls, primarily driven by the current value of real estate in the Ludlow Falls area. In Ludlow Falls, 14.82% of households rent, and 41.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ludlow Falls is $8,755 per month. Households that rent pay about 8.28% of their income on rent here. Ludlow Falls’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Laura, OH: less expensive homes
- Pleasant Hill, OH: equally priced homes
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- Circle Hill, OH: higher priced homes
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- Farrington, OH: less expensive homes
- Painter Creek, OH: higher priced homes
- Phillipsburg, OH: less expensive homes
- Union, OH: less expensive homes
Cities with Similar Populations
- Alapaha, GA: less expensive homes
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- Spring Lake, FL: higher priced homes
- South Effingham, NH: higher priced homes
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- Niederwald, TX: higher priced homes
- Montezuma, KS: less expensive homes
- Monette, AR: less expensive homes
- Mitchellville, TN: higher priced homes
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