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

 

North Olmsted, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the North Olmsted area can be challenging. Home prices in North Olmsted are now at a median cost of $163,769, lower than the Ohio average of $181,280.

The average cost of rent is $1,168/mo in North Olmsted, primarily driven by the current value of real estate in the North Olmsted area. While nearly 37.79% of residents own their homes outright in North Olmsted, 23.06% rent.

Housing affordability isn’t just about home prices, though. The average household income in North Olmsted is $6,656 per month. Households that rent pay about 17.55% of their income on rent here. North Olmsted's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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