The Most Affordable Neighborhoods in North Lima, OH by Home Value

 

North Lima, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the North Lima area can be challenging. Home prices in North Lima are now at a median cost of $186,424, higher than the Ohio average of $181,280.

The average cost of rent is $967/mo in North Lima, primarily driven by the current value of real estate in the North Lima area. While nearly 39.59% of residents own their homes outright in North Lima, 18.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in North Lima is $6,233 per month. Households that rent pay about 15.51% of their income on rent here. North Lima's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.


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