The Most Affordable Neighborhoods in Ohio by Home Value

 

Ohio Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ohio area can be challenging. Home prices in Ohio are now at a median cost of $181,280, lower than the the United States average of $313,691.

The average cost of rent is $964/mo in Ohio, primarily driven by the current value of real estate in the Ohio area. While nearly 38.35% of residents own their homes outright in Ohio, 30.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ohio is $6,075 per month. Households that rent pay about 15.87% of their income on rent here. Ohio's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the state.


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