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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 $178,886, lower than the Ohio average of $236,816.
The average cost of rent is $1,023/mo in New Bavaria, primarily driven by the current value of real estate in the New Bavaria area. In New Bavaria, 5.63% of households rent, and 48.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Bavaria is $7,965 per month. Households that rent pay about 12.85% of their income on rent here. New Bavaria’s most expensive areas are in the northeastern 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
- Pleasant Bend, OH: equally priced homes
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- Prentiss, OH: equally priced homes
- Kieferville, OH: higher priced homes
- Continental, OH: equally priced homes
- Rice, OH: higher priced homes
Cities with Similar Populations
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