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These days, finding an affordable place to live in the Mineral Ridge area can be challenging. Home prices in Mineral Ridge are now at a median cost of $149,366, lower than the Ohio average of $236,816.
The average cost of rent is $812/mo in Mineral Ridge, primarily driven by the current value of real estate in the Mineral Ridge area. In Mineral Ridge, 14.29% of households rent, and 54.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mineral Ridge is $4,973 per month. Households that rent pay about 16.33% of their income on rent here. Mineral Ridge’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- McDonald, OH: less expensive homes
- Niles, OH: less expensive homes
- Austintown, OH: equally priced homes
- West Austintown, OH: higher priced homes
- Girard, OH: less expensive homes
- Lordstown, OH: higher priced homes
- North Jackson, OH: higher priced homes
- Youngstown, OH: less expensive homes
- Canfield, OH: higher priced homes
- Warren, OH: less expensive homes
Cities with Similar Populations
- Belleair, FL: higher priced homes
- West Point, VA: higher priced homes
- West Middlesex, PA: higher priced homes
- Vergennes, VT: higher priced homes
- St. Marys, WV: equally priced homes
- Preston, MD: higher priced homes
- Planada, CA: higher priced homes
- Pittsfield, NH: higher priced homes
- Leoma, TN: higher priced homes
- Langley, WA: higher priced homes
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