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These days, finding an affordable place to live in the Morgansville area can be challenging. Home prices in Morgansville are now at a median cost of $155,968, lower than the Ohio average of $236,816.
The average cost of rent is $667/mo in Morgansville, primarily driven by the current value of real estate in the Morgansville area. In Morgansville, 7.60% of households rent, and 57.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morgansville is $5,641 per month. Households that rent pay about 11.82% of their income on rent here. Morgansville’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ringgold, OH: higher priced homes
- Chapel Hill, OH: higher priced homes
- Malta, OH: equally priced homes
- Rendville, OH: less expensive homes
- Burr Oak, OH: less expensive homes
- Triadelphia, OH: higher priced homes
- Millertown, OH: less expensive homes
- Corning, OH: less expensive homes
- Mountville, OH: higher priced homes
- Rokeby Lock, OH: equally priced homes
Cities with Similar Populations
- Shasta Retreat, CA: higher priced homes
- Major, VA: higher priced homes
- Manning, KS: equally priced homes
- Mantua, AL: less expensive homes
- Marion, OR: higher priced homes
- Markton, WI: higher priced homes
- Seven Points, PA: higher priced homes
- Seymourville, LA: less expensive homes
- Seyppel, AR: higher priced homes
- Shade, MO: higher priced homes
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