Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Melvin area can be challenging. Home prices in Melvin are now at a median cost of $276,184, higher than the Ohio average of $236,816.
The average cost of rent is $1,228/mo in Melvin, primarily driven by the current value of real estate in the Melvin area. In Melvin, 29.29% of households rent, and 46.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Melvin is $7,570 per month. Households that rent pay about 16.23% of their income on rent here. Melvin’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reesville, OH: less expensive homes
- New Antioch, OH: less expensive homes
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- Lees Creek, OH: less expensive homes
- Port William, OH: higher priced homes
- Morrisville, OH: less expensive homes
- Wilmington, OH: less expensive homes
- Jonesboro, OH: less expensive homes
- Gurneyville, OH: higher priced homes
- Bowersville, OH: higher priced homes
Cities with Similar Populations
- Oakmulgee, AL: less expensive homes
- Old Marissa, IL: less expensive homes
- Old Bland, MO: less expensive homes
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- Ocoya, IL: higher priced homes
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- Oaky Streak, AL: less expensive homes
- Oakton, KY: less expensive homes
- Old Niota, IL: less expensive homes
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