Home Price Key
Affordable
Average
Expensive
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 $427,397, higher than the Ohio average of $181,280.
The average cost of rent is $1,139/mo in Madeira, primarily driven by the current value of real estate in the Madeira area. While nearly 25.71% of residents own their homes outright in Madeira, 13.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madeira is $11,417 per month. Households that rent pay about 9.98% of their income on rent here. Madeira's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Indian Hill, OH: higher priced homes
- Concorde Hills, OH: higher priced homes
- Silverton, OH: less expensive homes
- Deer Park, OH: less expensive homes
- Mariemont, OH: equally priced homes
- Amberley, OH: less expensive 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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- Elkton, VA: less expensive homes
- Elkmont, AL: less expensive homes
- Elkin, NC: less expensive homes
- Eldridge, IA: less expensive homes
- Elburn, IL: less expensive homes
- Elbert, CO: higher priced homes
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