Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Munroe Falls area can be challenging. Home prices in Munroe Falls are now at a median cost of $174,250, lower than the Ohio average of $181,280.
The average cost of rent is $1,893/mo in Munroe Falls, primarily driven by the current value of real estate in the Munroe Falls area. While nearly 45.39% of residents own their homes outright in Munroe Falls, 21.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Munroe Falls is $5,558 per month. Households that rent pay about 34.07% of their income on rent here. Munroe Falls's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Silver Lake, OH: higher priced homes
- Stow, OH: higher priced homes
- Cuyahoga Falls, OH: equally priced homes
- Tallmadge, OH: equally priced homes
- Kent, OH: equally priced homes
- Sugar Bush Knolls, OH: higher priced homes
- Twin Lakes, OH: higher priced homes
- Akron, OH: equally priced homes
- Peninsula, OH: higher priced homes
- Brady Lake, OH: equally priced homes
Cities with Similar Populations
- Dewey, OK: less expensive homes
- Delmont, PA: higher priced homes
- Delta, OH: less expensive homes
- Delta, PA: higher priced homes
- Delton, MI: higher priced homes
- DeMarest, NJ: higher priced homes
- Derby, NY: less expensive homes
- Derry, PA: less expensive homes
- Desloge, MO: less expensive homes
- DeSoto, KS: higher priced homes
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