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These days, finding an affordable place to live in the Melbern area can be challenging. Home prices in Melbern are now at a median cost of $193,599, lower than the Ohio average of $236,816.
The average cost of rent is $780/mo in Melbern, primarily driven by the current value of real estate in the Melbern area. In Melbern, 12.91% of households rent, and 47.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Melbern is $7,124 per month. Households that rent pay about 10.95% of their income on rent here. Melbern’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Williams Center, OH: higher priced homes
- Hallock, OH: equally priced homes
- Blakeslee, OH: equally priced homes
- Bryan, OH: less expensive homes
- Edgerton, OH: less expensive homes
- Farmer, OH: higher priced homes
- Pulaski, OH: equally priced homes
- Montpelier, OH: less expensive homes
- Edon, OH: less expensive homes
- Ney, OH: equally priced homes
Cities with Similar Populations
- Levasy, MO: higher priced homes
- Sand Coulee, MT: higher priced homes
- Rushmere, VA: higher priced homes
- Rudderville, TN: higher priced homes
- Rockport, PA: higher priced homes
- Mac, KY: less expensive homes
- Lower Peach Tree, AL: less expensive homes
- Loretto Road, PA: higher priced homes
- Abiquiu, NM: higher priced homes
- Sankertown, PA: less expensive homes
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