
Home Price Key
These days, finding an affordable place to live in the New Bavaria area can be challenging. Home prices in New Bavaria are now at a median cost of $153,177, lower than the Ohio average of $181,280.
The average cost of rent is $646/mo in New Bavaria, primarily driven by the current value of real estate in the New Bavaria area. While nearly 56.65% of residents own their homes outright in New Bavaria, 6.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Bavaria is $7,069 per month. Households that rent pay about 9.14% of their income on rent here. New Bavaria's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
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