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These days, finding an affordable place to live in the New Rumley area can be challenging. Home prices in New Rumley are now at a median cost of $148,830, lower than the Ohio average of $236,816.
The average cost of rent is $1,167/mo in New Rumley, primarily driven by the current value of real estate in the New Rumley area. In New Rumley, 14.33% of households rent, and 63.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Rumley is $5,257 per month. Households that rent pay about 22.21% of their income on rent here. New Rumley’s most expensive areas are in the northern 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
- Deersville, OH: less expensive homes
- Cadiz, OH: less expensive homes
- Jewett, OH: equally priced homes
- Scio, OH: less expensive homes
- East Cadiz, OH: less expensive homes
- Pittsburgh Junction, OH: less expensive homes
- Unionvale, OH: less expensive homes
- Moorefield, OH: less expensive homes
- Bowerston, OH: less expensive homes
- Oak Park, OH: equally priced homes
Cities with Similar Populations
- Speaks, TX: higher priced homes
- Stonewall, NC: higher priced homes
- Steuben, NY: equally priced homes
- Sparks Hill, IL: less expensive homes
- State Line, IN: higher priced homes
- Stark, MO: higher priced homes
- Stafford, OH: less expensive homes
- St. Philip, IN: higher priced homes
- St. George, PA: equally priced homes
- St. Clere, KS: higher priced homes
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