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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.
Nearby Cities
- Mayfield, OH: higher priced homes
- Lyndhurst, OH: higher priced homes
- Gates Mills, OH: higher priced homes
- Highland Heights, OH: higher priced homes
- Pepper Pike, OH: higher priced homes
- Hunting Valley, OH: higher priced homes
- Richmond Heights, OH: equally priced homes
- South Euclid, OH: less expensive homes
- Beachwood, OH: higher priced homes
- Woodmere, OH: higher priced homes
Cities with Similar Populations
- Temperance, MI: higher priced homes
- Brookfield, IL: higher priced homes
- Brunswick, ME: higher priced homes
- Bryn Mawr, PA: higher priced homes
- Bryn Mawr-Skyway, WA: higher priced homes
- Buckhall, VA: higher priced homes
- Buffalo, MN: higher priced homes
- Caldwell, NJ: higher priced homes
- Camden, SC: higher priced homes
- Canton, MS: higher priced homes
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