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These days, finding an affordable place to live in the Macedonia area can be challenging. Home prices in Macedonia are now at a median cost of $304,397, higher than the Ohio average of $236,816.
The average cost of rent is $1,575/mo in Macedonia, primarily driven by the current value of real estate in the Macedonia area. In Macedonia, 8.90% of households rent, and 31.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Macedonia is $8,592 per month. Households that rent pay about 18.34% of their income on rent here. Macedonia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Northfield, OH: less expensive homes
- Twinsburg, OH: higher priced homes
- Glenwillow, OH: equally priced homes
- Boston Heights, OH: higher priced homes
- Walton Hills, OH: equally priced homes
- Reminderville, OH: higher priced homes
- Bedford, OH: less expensive homes
- Hudson, OH: higher priced homes
- Solon, OH: higher priced homes
- Bedford Heights, OH: less expensive homes
Cities with Similar Populations
- Vermillion, SD: less expensive homes
- Evanston, WY: less expensive homes
- Fairless Hills, PA: higher priced homes
- Falmouth, ME: higher priced homes
- Tucson Estates, AZ: less expensive homes
- Two Rivers, WI: less expensive homes
- Tyngsboro, MA: higher priced homes
- Upper Grand Lagoon, FL: higher priced homes
- Upper Montclair, NJ: higher priced homes
- Uxbridge, MA: higher priced homes
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