Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the McDermott area can be challenging. Home prices in McDermott are now at a median cost of $158,245, lower than the Ohio average of $236,816.
The average cost of rent is $1,038/mo in McDermott, primarily driven by the current value of real estate in the McDermott area. In McDermott, 15.97% of households rent, and 74.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDermott is $4,640 per month. Households that rent pay about 22.36% of their income on rent here. McDermott’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lombardsville, OH: equally priced homes
- Rushtown, OH: equally priced homes
- Rubyville, OH: less expensive homes
- Lucasville, OH: equally priced homes
- West Portsmouth, OH: less expensive homes
- Otway, OH: less expensive homes
- Rosemount, OH: equally priced homes
- Youngs, OH: less expensive homes
- Portsmouth, OH: less expensive homes
- Wamsley, OH: less expensive homes
Cities with Similar Populations
- Swisher, IA: higher priced homes
- Imperial, NE: equally priced homes
- Melbourne, AR: equally priced homes
- Merrill, MI: higher priced homes
- Morenci, AZ: equally priced homes
- Oneida, WI: higher priced homes
- Pine Grove, FL: higher priced homes
- Pleasant Gap, PA: higher priced homes
- Remington, IN: equally priced homes
- Shelbina, MO: less expensive homes
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