Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Medina area can be challenging. Home prices in Medina are now at a median cost of $241,931, higher than the Ohio average of $181,280.
The average cost of rent is $1,059/mo in Medina, primarily driven by the current value of real estate in the Medina area. While nearly 30.31% of residents own their homes outright in Medina, 16.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Medina is $8,222 per month. Households that rent pay about 12.88% of their income on rent here. Medina's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Weymouth, OH: higher priced homes
- Chippewa Lake, OH: less expensive homes
- Silver Creek, OH: higher priced homes
- Lester, OH: higher priced homes
- Sharon Center, OH: higher priced homes
- Gloria Glens Park, OH: equally priced homes
- Granger, OH: higher priced homes
- Seville, OH: less expensive homes
- Valley City, OH: higher priced homes
- Brunswick, OH: less expensive homes
Cities with Similar Populations
- Wilmington, CA: higher priced homes
- Montebello, CA: higher priced homes
- Blue Springs, MO: less expensive homes
- Mentor, OH: less expensive homes
- Monterey Park, CA: higher priced homes
- Newport Beach, CA: higher priced homes
- North Bergen, NJ: higher priced homes
- Novato, CA: higher priced homes
- Phenix City, AL: less expensive homes
- Pico Rivera, CA: higher priced homes
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