Home Price Key
Affordable
Average
Expensive
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 $154,806, lower than the Ohio average of $181,280.
The average cost of rent is $785/mo in Melvin, primarily driven by the current value of real estate in the Melvin area. While nearly 52.24% of residents own their homes outright in Melvin, 25.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melvin is $7,167 per month. Households that rent pay about 10.96% of their income on rent here. Melvin's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Reesville, OH: less expensive homes
- New Antioch, OH: higher priced homes
- Sabina, OH: less expensive homes
- Lees Creek, OH: higher priced homes
- Port William, OH: equally priced homes
- Morrisville, OH: less expensive homes
- Wilmington, OH: equally priced homes
- Jonesboro, OH: less expensive homes
- Gurneyville, OH: higher priced homes
- Bowersville, OH: equally priced homes
Cities with Similar Populations
- Oakmulgee, AL: equally priced homes
- Old Marissa, IL: less expensive homes
- Old Bland, MO: less expensive homes
- Ogallah, KS: less expensive homes
- Odin, PA: less expensive homes
- Ocoya, IL: higher priced homes
- Oates, MO: less expensive homes
- Oaky Streak, AL: less expensive homes
- Oakton, KY: less expensive homes
- Old Niota, IL: less expensive homes
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