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Affordable
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These days, finding an affordable place to live in the Marengo area can be challenging. Home prices in Marengo are now at a median cost of $304,983, higher than the Ohio average of $236,816.
The average cost of rent is $1,141/mo in Marengo, primarily driven by the current value of real estate in the Marengo area. In Marengo, 12.29% of households rent, and 28.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marengo is $9,156 per month. Households that rent pay about 12.46% of their income on rent here. Marengo’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pagetown, OH: higher priced homes
- South Woodbury, OH: less expensive homes
- Fulton, OH: less expensive homes
- Olive Green, OH: higher priced homes
- Rich Hill, OH: equally priced homes
- Sparta, OH: less expensive homes
- Chesterville, OH: less expensive homes
- Cardington, OH: less expensive homes
- North Condit, OH: higher priced homes
- Centerburg, OH: equally priced homes
Cities with Similar Populations
- Isle Of Palms, SC: higher priced homes
- Wyoming, PA: less expensive homes
- Pelican Rapids, MN: equally priced homes
- Montrose, MN: equally priced homes
- Mayflower, AR: less expensive homes
- Mickleton, NJ: higher priced homes
- Rice, MN: equally priced homes
- Owensville, MO: less expensive homes
- Huntsville, AR: less expensive homes
- Corinth, NY: less expensive homes
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