Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nelson area can be challenging. Home prices in Nelson are now at a median cost of $158,753, lower than the Ohio average of $181,280.
The average cost of rent is $793/mo in Nelson, primarily driven by the current value of real estate in the Nelson area. While nearly 20.32% of residents own their homes outright in Nelson, 9.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nelson is $5,565 per month. Households that rent pay about 14.26% of their income on rent here. Nelson's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Garrettsville, OH: higher priced homes
- Parkman, OH: higher priced homes
- Phalanx, OH: less expensive homes
- West Farmington, OH: equally priced homes
- Southington, OH: equally priced homes
- Windham, OH: less expensive homes
- Hiram, OH: higher priced homes
- Hiram Rapids, OH: higher priced homes
- Welshfield, OH: equally priced homes
- South Newbury, OH: higher priced homes
Cities with Similar Populations
- Afton, IA: less expensive homes
- Weeping Water, NE: equally priced homes
- Weleetka, OK: less expensive homes
- West Newfield, ME: higher priced homes
- West Salem, IL: less expensive homes
- Wever, IA: higher priced homes
- Cascade, MD: higher priced homes
- White, SD: higher priced homes
- Williston, TN: equally priced homes
- Xenia, IL: less expensive homes
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