Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montrose-Ghent area can be challenging. Home prices in Montrose-Ghent are now at a median cost of $386,304, higher than the Ohio average of $181,280.
The average cost of rent is $1,383/mo in Montrose-Ghent, primarily driven by the current value of real estate in the Montrose-Ghent area. While nearly 31.56% of residents own their homes outright in Montrose-Ghent, 12.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose-Ghent is $12,615 per month. Households that rent pay about 10.96% of their income on rent here. Montrose-Ghent's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Fairlawn, OH: less expensive homes
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- West Richfield, OH: higher priced homes
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- Akron, OH: less expensive homes
Cities with Similar Populations
- Hopedale, MA: equally priced homes
- Hawthorne, NY: higher priced homes
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- Hebron, MD: less expensive homes
- Hebron, OH: less expensive homes
- Heflin, AL: less expensive homes
- Helena Valley Northwest, MT: less expensive homes
- Hemingway, SC: less expensive homes
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