Expensive
Affordable
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These days, finding an affordable place to live in the Madeira area can be challenging. Home prices in Madeira are now at a median cost of $489,909, higher than the Ohio average of $236,816.
The average cost of rent is $2,199/mo in Madeira, primarily driven by the current value of real estate in the Madeira area. In Madeira, 12.42% of households rent, and 29.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madeira is $13,176 per month. Households that rent pay about 16.69% of their income on rent here. Madeira’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indian Hill, OH: higher priced homes
- Concorde Hills, OH: higher priced homes
- Silverton, OH: less expensive homes
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- Mariemont, OH: higher priced homes
- Amberley, OH: equally priced homes
- Blue Ash, OH: less expensive homes
- Terrace Park, OH: higher priced homes
- Remington, OH: equally priced homes
- Miamiville, OH: less expensive homes
Cities with Similar Populations
- Effort, PA: less expensive homes
- Excelsior, MN: higher priced homes
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- Elkin, NC: less expensive homes
- Eldridge, IA: less expensive homes
- Elburn, IL: less expensive homes
- Elbert, CO: higher priced homes
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