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Affordable
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These days, finding an affordable place to live in the Northwood area can be challenging. Home prices in Northwood are now at a median cost of $178,178, lower than the Ohio average of $236,816.
The average cost of rent is $976/mo in Northwood, primarily driven by the current value of real estate in the Northwood area. In Northwood, 21.34% of households rent, and 35.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northwood is $5,943 per month. Households that rent pay about 16.43% of their income on rent here. Northwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walbridge, OH: equally priced homes
- Oregon, OH: higher priced homes
- Millbury, OH: higher priced homes
- Rossford, OH: higher priced homes
- Latcha, OH: equally priced homes
- Lime City, OH: higher priced homes
- Harbor View, OH: higher priced homes
- Clay Center, OH: higher priced homes
- Lemoyne, OH: higher priced homes
- Williston, OH: higher priced homes
Cities with Similar Populations
- Zelienople, PA: higher priced homes
- Anaconda, MT: higher priced homes
- Waveland, MS: higher priced homes
- Beech Island, SC: less expensive homes
- Waverly, TN: equally priced homes
- Alpine, TX: higher priced homes
- Bedford, PA: higher priced homes
- Atlantic Highlands, NJ: higher priced homes
- Albertson, NY: higher priced homes
- Albany, KY: less expensive homes
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