The Most Affordable Neighborhoods in New Marshfield, OH by Home Value

 

New Marshfield, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Marshfield area can be challenging. Home prices in New Marshfield are now at a median cost of $129,496, lower than the Ohio average of $181,280.

The average cost of rent is $621/mo in New Marshfield, primarily driven by the current value of real estate in the New Marshfield area. While nearly 40.35% of residents own their homes outright in New Marshfield, 25.31% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Marshfield is $4,099 per month. Households that rent pay about 15.16% of their income on rent here. New Marshfield's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.


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