The Most Affordable Neighborhoods in Mayfield Heights, OH by Home Value

 

Mayfield Heights, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mayfield Heights area can be challenging. Home prices in Mayfield Heights are now at a median cost of $150,007, lower than the Ohio average of $181,280.

The average cost of rent is $1,152/mo in Mayfield Heights, primarily driven by the current value of real estate in the Mayfield Heights area. While nearly 42.42% of residents own their homes outright in Mayfield Heights, 48.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mayfield Heights is $5,403 per month. Households that rent pay about 21.33% of their income on rent here. Mayfield Heights's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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